Over 54,000 petrol pumps to hold No Sale, No Purchase strike on October 13; heres why
Petrol pumps will remain shut on October 13 nationwide to protest petroleum products being exempt from GST.
Randeep Singh Surjewala, Congress spokesperson on Saturday said it would put an automatic brake on the Centre and the States levying as high as 70 to 80% tax to fill their coffers while ‘ignoring the common man's plight.’
He also said that petroleum under the highest GST bracket of 28% would drastically reduce prices as today the Centre is alone earning Rs 2.73 lakh crore and the states making further revenue.
The price of fuel have been increasing in metro cities. Petrol and diesel prices are now treading at a near three year high.
As on October 7, price of petrol and diesel in Delhi stood at Rs 68.35 per litre while Kolkata, Mumbai and Chennai priced the fuels at Rs 71.13, 77.48 and 70.82 per litre.
However consumption of these fuels have also been increasing. From 20,86,000 Metric Tonnes (MT) consumed of petrol in April this year to 21,87,000 MT in August, as per the data provided by Petroleum Planning & Analysis Cell.
Diesel consumption was at 69,68,000 MT in April and dropped to 59,10,000 MT in August.
Also Read: Spike in petrol, diesel price fail to arrest car, two-wheeler sales
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