Congress demands white Paper on taxes on fuel

Congress

The Congress is planning a countrywide agitation from September 20 against heavy taxes on the fuel.

Delhi Congress chief Ajay Maken on Sunday began a campaign in the national capital to collect one million signatures against the rise in the price of petrol and diesel. Says with crude oil price falling in int'l market, rise in petrol, diesel rates a crude jokeTribune News ServiceLudhiana, September 16Members of the Communist Party of India (CPI) protested the inordinate increase in the prices of petrol and diesel, despite fall in crude oil prices in the global market.

He said the party would fight this battle to reduce taxes on every available forum and challenged the BJP to come out with a white paper on taxes on fuels and the gains thereof.

"With massive hikes in central excise duty, the BJP-led government is filling its coffers at the cost of common man. If the exchequer got a windfall on drop in crude prices by additional taxes, the same must be reduced commensurately", said D.S. Rawat, the Secretary General - ASSOCHAM.

On Wednesday there will be a massive protest by the Congress a jantar Mantar in New Delhi against the taxes on fuel. He said while the Modi government has spelt out "absurd" reasons such as "Hurricanes Harvey and Irma' for the increase in petrol and diesel prices and has dealt a devastating blow to the savings of the common people by brazenly increasing central excise duty 11 times in the past 3.5 years".

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Maken also hit out at the government for inflation which recorded a five-month high with Retail Inflation (CPI) rising to 3.36 per cent in August from a year earlier.

The Congress chided the government and the BJP that when in opposition it had termed the UPA government as "economic terrorist". "While worldwide crude oil prices have come down by more than 52 per cent since the Narendra Modi government came to power, petrol prices have touched a three-year high".

"The price of a subsidised LPG cylinder has gone up from Rs 412 in 2014 to Rs 487", said Maken adding the kerosene users too had been impacted. "There has also been an increase in Value Added Tax of 73.34 per cent on petrol and 91.31 per cent on diesel since May 2014 by the Delhi government", he added. The increase in the retail prices is far less than hike in crude oil, but then the consumer is not willing to compare the crude prices of United States dollars 45.60 in June versus USD 54 per barrel today, the chamber noted. "On 11 September 2017, crude oil prices came down to US$ 52.73 a barrel".

He also said that the rise in the prices of petrol and diesel has affected the transport sector leading to a cascading effect on the prices of all essential commodities.

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