Oil Minister Dharmendra Pradhan nudged the states on Sunday to agree on bringing all petroleum products under the Goods and Services Tax (GST) regime. On behalf of the industry, I would request the states to allow petroleum products to be brought under GST taxation," he said. As per the GST Constitutional Amendment Bill, petroleum products like LPG, kerosene and naptha would attract GST. Pradhan also asked Madhya Pradesh Chief Minister Shivraj Singh Chouhan to support bringing all petroleum products under the Goods and Services Tax (GST) regime. "In the last 3-4 years, there is a healthy growth of petroleum products in Madhya Pradesh.

Source: dna October 23, 2016 16:53 UTC