Under GST petrol price may come down from Rs 70 to 30

According to reports, if the petroleum products brought under GST regime it could cheapen the fuel price all over India. In Mumbai, petrol prices touched Rs 80 a litre while in Chennai, it is over Rs 70 per litre. If petrol is brought under GST, it may cost as little as Rs 38.10 in Chennai at 12 per cent GST rate.

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