Kumari Palany & Co

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Council reviewing including petrol and related products under GST

Posted on: 09/Jun/2018 10:52:35 AM
GST (Goods and Services Tax) does not include petrol and related products including crude oil, natural gas, etc. However, items like kerosene, LPG cooking gas, and Naphtha are under GST.

Petrol price has been increasing day-by-day. So, strong demands have been put up to include petrol and related products also under GST.

The joint secretary of the GST Council, Dheeraj Rastogi, explained in a discussion in this regard that the plan to being natural gas fuel under GST will be taken up and reviewed during the next meeting of the GST Council. It is quite possible to bring all petrol related products under GST.