GST on Petrol & Diesel: States, Centre unlikely to include petrol, diesel under GST soon - News Summed Up

GST on Petrol & Diesel: States, Centre unlikely to include petrol, diesel under GST soon


Dharmendra Pradhan strongly advocating +GST compliance +BENGALURU: Vehicle users shouldn't harbour hopes of petrol and diesel coming under the ambit of Goods and Services Tax ( GST ) any time soon. For instance, a litre of petrol which costs Rs 71.62 as on Monday would be available for Rs. The new GST regime has already cost Karnataka government Rs 200 crore in July , with abolition of entry tax on petrol and diesel. "Pradhan is right in proposing to include petrol and diesel in GST, as consumers will greatly benefit from this. "The proposal to include petroleum products under GST is not being discussed now.


Source: Times of India September 19, 2017 04:30 UTC



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