We are likely to see diesel prices in Hyderabad changing everyday. If you are looking at the daily diesel rates, we suggest that you look at reading goodreturns.in and track the daily price change in diesel rates.
We have been constantly been seeing international prices moving in a tight range for crude. It is important to remember that daily diesel prices in Hyderabad largely depend on international crude oil prices and this in turn depend on a host of other factors. If you are looking at the everyday diesel rates in Hyderabad, we suggest that you continue reading our portal. It will give you todays diesel rates.
GST on petrol rates in Hyderabad
Petrol, diesel and natural gas are not under the tax of GST because it is the biggest source of revenue for the national as well as the state government. Since it is a basic necessity, and there are heavy taxes on the petrol and diesel. And a tax on the same will be charged by the respective states under the current state laws. Since only petroleum products have an exemption from the GST, GST will be priced on the rest of the goods sold by the petrol pumps, i.e., lubricants, distilled water. Over all the cost of the petrol pumps will increase after the introduction of GST, yet there will be no change in the price of petrol and diesel due to GST effect. So the current tax applied on petrol. There is no change in the petrol price due to GST. The growth of automobiles in the Hyderabad is increasing day by day and hence it is important to watch for petrol prices in Hyderabad which is 72.93 Rs/Ltr at the moment.