No proposal to bring petrol, diesel, ATF, gas under GST: FM Sitharaman

  • March 17, 2021
  • CA Chandan Agarwal's Office
The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman holding a press conference on Cabinet Decisions, in New Delhi on November 12, 2020.

Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST). When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities – crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) – were kept out of its purview given the revenue dependence of the central and state governme ..

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https://economictimes.indiatimes.com/news/economy/policy/no-proposal-to-bring-petrol-diesel-atf-gas-under-gst-fm-sitharaman/articleshow/81511834.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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