Insight

How is India's Goods and Services Tax impacting oil demand?

Get this report

$900

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

14 November 2017

How is India's Goods and Services Tax impacting oil demand?

Report summary

On 1 July 2017, India switched to a unified taxation system – the Goods and Services Tax (GST). Four months on, we look at how this new tax regime is affecting India's transport sector and oil demand. Specifically, we address the following: • What are the implications for domestic gasoline and diesel prices? • How is GST affecting the price of cars in India? • What is the impact on India's gasoline and diesel demand? • How is GST affecting long-haul commercial road transport?

Table of contents

  • Executive Summary
  • What is the Goods and Services Tax?
  • GST indirectly boosting gasoline demand while driving hybrids off the roads
  • Logistics sector to benefit the most from GST: a positive for diesel demand

Tables and charts

This report includes 2 images and tables including:

  • Pre- and post-GST rates on India's car sales by fuel type and engine size
  • Historical monthly gasoline demand and car sales

What's included

This report contains:

  • Document

    How is India's Goods and Services Tax impacting oil demand?

    PDF 343.46 KB