Petrol, diesel not to come under GST as of now, decides Council: Nirmala Sitharaman1 min read . Updated: 18 Sep 2021, 05:36 AM IST
- Union Finance Minister Nirmala Sitharaman said the Council decided to continue keeping petrol and diesel out of the GST purview as subsuming the current excise duty and VAT into one national rate would impact revenues
A big meet on Friday of the Goods and Services Tax (GST) Council was expected to bring petrol and diesel within the ambit of indirect tax. However, Union Finance Minister Nirmala Sitharaman said the GST Council felt it was not time to bring petrol and diesel under GST.
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