The council noted that petroleum products are a major source of revenue.
The GST Council has told the high court that petroleum products cannot be included in the GST.
The council pointed out that petroleum products have been a major source of income since the Covid era.

The GSAT Council informed the high court that further studies and discussions are needed in this regard.

Dissatisfied with the GST Council's explanation, the court noted that important decisions had been taken during Covid's tenure.
The court directed that a definite answer be given as to why petroleum products are not included in the scope of GST.
The petition will be considered again in the second week of December.

Earlier, states had opposed the move to bring petrol and diesel under GST. Last September, the GST Council took up the issue, but all the states came together to oppose it.

 With this, the matter was adjourned for further discussion. The council meeting then adjourned to discuss the proposal, assessing that it was not time to discuss the issue.

The declared stand of the states including kerala is that they will strongly oppose the move to include petrol and diesel in the GST.

The states point out that the inclusion of petrol and diesel in the GST will result in huge revenue loss to the states.

మరింత సమాచారం తెలుసుకోండి:

GST Council

Sindujaa D N

01/12/2021 10:46 PM