City hotels assn asks PM for reduction in fuel prices
NT Correspondent
Begaluru: Bruhat Bengaluru Hotels Association (BBHA) on Thursday wrote to Prime Minister Narendra Modi, demanding a decrease in the price of fuels, including petrol, diesel and Liquid Petroleum Gas (LPG) cylinders.
The organisation also forwarded the letter to Union Finance Minister Nirmala Sitharaman and Petroleum and Natural Gas Minister Hardeep Singh Puri.
Among their most pressing demands was a reconsideration of the various taxation policies with respect to fuel. BBHA pointed out that commercial gas cylinders were levied a Goods and Services Tax (GST) of 18 per cent while domestic cylinders were taxed at five per cent.
“We request you to kindly reduce the GST on commercial LPG also at five per cent,” the association told the PM.
They pointed out that the price of crude oil had plummeted to $72 per barrel and LPG rate had been hovering around $50 but the prices for the same hadn’t been reduced in the domestic market.
BBHA said that the taxation on fuel had been “more than 60 per cent and very abnormal”, demanding a reduction in the same.