Petrol At Rs 75, Diesel At Rs 68: What Oil Under GST Means For Consumers And Govt; Itâs A Win Win by Swarajya Staff - Mar 5, 2021 04:50 AM A petrol pump in India (Photo by Karen Dias/Bloomberg via Getty Images) Snapshot As per a report by SBI, if petrol and diesel were to be brought under GST then their base price would be Rs 75 and Rs 68 per litre respectively. Moreover, this will have little negative impact on fiscal math of the centre and states. Resentment against the ruling dispensation is growing among Indian public over rising fuel prices as petrol retails around Rs 90 in most states and touching Rs 100 in some. With assembly elections in Assam, West Bengal, Tamil Nadu, Puducherry and Kerala round the corner, the politicians in power are scrambling to come up with a strategy to cut prices and calm the tempers.