CA
2 Points
Joined July 2020
GST is applicable on petroleum products.
As per section 9(2) of CGST ACT, 2017:
“The central tax on the supply of petroleum crude, high-speed diesel, motor spirit (commonly known as petrol), natural gas and aviation turbine fuel shall be levied with effect from such date as may be notified by the Government on the recommendations of the Council.”
for calcutate VAT <ref>https://techcal.net/</ref>