Centre, industry want petro products in GST ambit: Dharmendra Pradhan


New Delhi, Aug 1 (PTI): The Centre and the industry favour inclusion of petroleum products in the Goods and Services Tax (GST) but the GST Council will take a final call on it, Oil Minister Dharmendra Pradhan said on Wednesday. Whatever the GST Council decides on including petroleum products within GST ambit, “we would stand by that,” Pradhan said in reply to a question in the Rajya Sabha.

Five petroleum products– petrol, diesel, natural gas, crude oil and ATF — are still out of the ambit of GST. He informed the House that “in principle, the Government of India and the Petroleum Ministry are of the view that petroleum products should come under the GST regime.”

“The GST Council will take an appropriate action and at an appropriate time with due deliberation,” he said.

“When the GST Council framework was set up, at that time notionally all petroleum products were kept under the tax regime. But all states were of the view that their (tax) slabs and (implementation) dates would be decided by them,” he said.

On including Aviation Turbine Fuel (ATF) in the GST, he said, “The GST Council is the competent authority”.

Bringing petroleum products under the GST regime is expected to rationalise pricing across the country which would provide relief to farmers and commoners.

At present different state levies on these products have resulted in different pricing. Once these products are brought under the GST regime, there would be uniform pricing across India, the minister said.

  

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Comment on this article

  • Vincent Rodrigues, Bengaluru/Katapadi

    Thu, Aug 02 2018

    Why the minister is silent on the hidden agenda for delaying to bring the petroleum products in GST ambit

    DisAgree Agree Reply Report Abuse

  • Ozy, Surathkal

    Thu, Aug 02 2018

    Who has stopped him not to bring the Petroleum products under GST. Only crocodile tears. And the Bhakts will dance.

    DisAgree Agree [3] Reply Report Abuse

  • Valerian D'Souza, Udupi/Mumbai

    Wed, Aug 01 2018

    Yes, very correct.
    We can not have multiple taxes after enacting GST.
    Very purpose of one nation one tax would be defeated.
    Not Petro products? everything left out must come under the ambit of GST.
    There shouldn't be State imposed Stamp duty also.
    If centre alone can collect IGST, why can't state alone collect SGST in the place of stamp duty?
    Stamp duty must be replaced with SGST with ITC provisions! There shouldn't be double taxation!

    DisAgree Agree [8] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Aug 01 2018

    Only Ambani's pocket will be Pinched ...

    DisAgree Agree [7] Reply Report Abuse

  • chris, Mangalore

    Wed, Aug 01 2018

    So for whom you all are waiting Enough Drama and Talk and please implement it ASAP. When you will take action when your govt will be out of power or during near election

    DisAgree Agree [13] Reply Report Abuse


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