Tag: GST

India’s GST – A boon for oil markets?

India’s GST – A boon for oil markets?

Tax on pure electric vehicles reduced by around 9% under GST regime The introduction of India’s Goods and Services Tax (GST) has lifted oil demand in the country this year, according to Wood Mackenzie. Crude oil, natural gas, diesel and gasoline are currently exempt from the GST. However, diesel and gasoline demand are indirectly affected […]

By November 19, 2017 0 Comments Read More →