As per the taxation conferences held below the GST Regulation 2017 by the finance ministry of the federal government of India and the corresponding states, gasoline is exempted from all applicable taxes. The products that take pleasure in this privilege under the GST Regulation embrace

Motor Oil

... All Brands

HS Diesel

Aviation Turbine Fluids

Natural Fuel

Based on the newest updates, the petroleum products are totally out of consideration by way of the applicability of VAT and other taxes. Also, it is predicted that with the implementation of the GST 2017, there could be a steep decline in the prices by around 20-30 %.