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Budget 2022: Will govt bring oil into GST segment?

By : ABP News Bureau | 01 Feb 2022 11:08 AM (IST)

Crude oil, natural gas, and petroleum products have all been demanded to be included in the GST by the oil and gas industry. Increasing demand, combined with OPEC+'s graded increases in production and supply, has pushed international crude oil prices to their highest levels since 2014, with prices currently hovering around $88-89/bbl as of end-January 2022.

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