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Majority of Council opposed bringing petroleum products under GST: Sitharaman

IANS
Updated: September 18th, 2021, 10:37 IST
in Business, National
0
File photo of Union Finance Minister Nirmala Sitharaman. (PTI Photo)

File photo of Union Finance Minister Nirmala Sitharaman. (PTI Photo)

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Lucknow: Union Finance Minister Nirmala Sitharaman Friday said that a majority of state governments opposed the inclusion of petroleum products under the GST.

Addressing the media after the conclusion of the Council’s 45th meeting — and the first held in a physical format after start of the Covid-19 pandemic, she said that the issue was deliberated at the meeting, after it was added to the agenda at the last moment on the back of a Kerala High Court order.

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Sitharaman said the Council members did not see find the current situation appropriate to bring petroleum products under the GST.

It was widely speculated that such a move might be initiated to lower the record high prices of petrol and diesel.

Tags: GSTNirmala SitharamanPetroleum products
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