Sunday, April 18, 2021

It is better to bring them under GST!

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Prime Time Zone, Webdesk: In the wake of recent concerns over skyrocketing petrol and diesel prices in the country, there is a strong argument for bringing petroleum products under GST. Chief Financial Adviser KV Subramanian supported the proposal to bring petroleum products under the Goods and Services Tax (GST). However, he said the GST Council would have to take this decision. ‘Bringing petroleum products under GST is a good proposal. But, the GST Council should take a decision on this, ‘he told a FICCI FLO meeting.

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