Besides, bringing petroleum products under GST will not be viable, Modi added. As of today, the tax on petroleum products is over 50-60%, and in GST, the maximum tax slab is 28%. In the case of electricity, it is still pending with GST Council, but I think it will take time as states are not convinced. Political parties put dispiriting remarks outside the GST council, but within it, nobody has raised such an issue. They behave differently inside the GST council and differently outside the council.

Source: Mint May 31, 2023 08:54 UTC