Fuel Prices: Petrol Pump owners demand 'One Nation One Rate'

All India Petroleum Dealers Association, an independent national body that claims to represent more than 52,000 petrol pump owners, has demanded a uniform fuel price for petroleum products across the country. The said body has been in talks with various chief ministers and state finance ministers regarding their 'One Nation One Rate' demand.

The association claims that uniform fuel rate across the country will avoid disparity in fuel prices, thus making it easier to control. It further proposes to bring petroleum products under GST (Goods and Services Tax), so that fuel prices can be uniformed across the country.

Currently, every state in the country levies different VAT rates on fuel, which causes a disparity in retail prices in different states. The difference in petrol prices ranges from Rs. 1 to Rs. 7.50 per litre, while that in diesel prices varies between 60 paise to Rs. 4 per litre.

Source: ET Auto