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Sunday, June 30, 2024

Will petrol and diesel come under GST? Nirmala Sitharaman replies

Petrol and diesel are not yet taxed under GST. Instead, these fuels, along with natural gas, ATF, are subject to VAT, central excise duty, central sales tax.
 Union finance minister Nirmala Sitharaman addresses a press conference after the 53rd GST Council Meeting, at the National Media Center in New Delhi on Saturday. (ANI Photo/Jitender Gupta)
Union finance minister Nirmala Sitharaman addresses a press conference after the 53rd GST Council Meeting, at the National Media Center in New Delhi on Saturday. (ANI Photo/Jitender Gupta)

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