The Truth about Alcohol Tax | GST On Petrol | GST

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Why is Liquor Excluded From GST? Why GST is Not Levied on Petrol & Other Fuels?

In this video, we will discuss why alcohol, petrol, and other fuels are excluded from the GST (Goods & Services Tax) in India. While GST replaced 13 types of indirect taxes in the country, certain products like alcohol are still being taxed through excise duty and VAT. The government generates significant revenue from alcohol and maintains high prices to discourage its consumption. The taxation on alcohol differs from state to state and can go as high as 80%. Similarly, fuels like petrol and diesel are also excluded from the GST due to their contribution to significant tax revenue and their impact on transportation costs and inflation. Join us to learn more about India's tax policies and why liquor and fuels are excluded from GST.
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🥏 Editing: @KarthikRaghavarapu
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