With demand for including petroleum in the goods and services tax increasing as fuel prices skyrocket, natural gas and aviation turbine fuel (ATF) may be the low-hanging fruit the GST Council may take up before petrol and diesel.
“Including petrol and diesel seems difficult at this point with not all states being on board. There could be an early harvest of sorts with the inclusion of natural gas and ATF in the GST to begin with. That seems quite doable,” said an official.
Petrol prices across the four metros rose by over Rs 3 a litre in two weeks after daily price