{"id":403428,"date":"2021-03-06T10:55:49","date_gmt":"2021-03-06T05:25:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=403428"},"modified":"2021-03-06T12:25:09","modified_gmt":"2021-03-06T06:55:09","slug":"petrol-price-can-go-down-to-rs-75-if-brought-under-gst-sk-ghosh","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/petrol-price-can-go-down-to-rs-75-if-brought-under-gst-sk-ghosh\/","title":{"rendered":"Petrol price can go down to Rs 75 if brought under GST: SK Ghosh"},"content":{"rendered":"<p>Tell us about this interesting formula that you have proposed. What happens if petroleum is brought under the ambit of GST? <\/p>\n<p>Taxation of petroleum products is a vexing problem for both the centre and the states. In case of states it is one of the few options that gives them the flexibility to tax in times of unforeseen circumstances and for the Centre also, it serves the same purpose as we saw during the pandemic. It is very difficult to let go of that flexibility of taxes on petroleum products be it for the Centre or the states. Taxing of petrol products is a mixed issue not only in India but globally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tell us about this interesting formula that you have proposed. What happens if petroleum is brought under the ambit of GST? Taxation of petroleum products is a vexing problem for both the centre and the states. In case of states it is one of the few options that gives them the flexibility to tax in times of unforeseen circumstances and for the Centre also, it serves the same purpose as we saw during the pandemic. It is very difficult to let go of that flexibility of taxes on petroleum products be it for the Centre or the states. Taxing of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-403428","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=403428"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/403428\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=403428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=403428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=403428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}