Revenue and Department of Economic Affairs Secretary Tarun Bajaj on bringing petroleum products under GST said that this move involves interest of both state and centre.
Both the central and state governments have started making up their mind in this regard, he said. Petroleum products are out of GST ambit which was rolled out in July last year.
The Ministry of Petroleum has requested the Ministry of Finance to bring petroleum products under the ambit of GST, Oil Minister Dharmendra Pradhan said today.
Petroleum products such as LPG, Diesel & Petrol are used by most Indians every day. Even industry uses certain petroleum products. But, India's self sufficiency in petroleum products hasn't gone beyond 25% in the last
New Delhi: Issues concerning taxation of liquor and petroleum products are expected to figure in the meeting of the Empowered Committee of State Finance Ministers Monday.While the centre wants that liquor and petroleum products should
Mumbai, Apr 16: Making a case for increasing prices of petroleum products and deregulating diesel prices, the Reserve Bank today said these steps are necessary to contain fiscal slippages and arrest decline in growth. “The
New Delhi, June 29: Congress today sought to turn the tables on BJP over fuel price hike pointing out that the Opposition-ruled states are not reducing any taxes on the petroleum products to give relief
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