MoF to Rajya Sabha: No recommendations by GST Council for the inclusion of petrol and diesel under GST

As per the recent tweet of CNBC-TV18, the Finance Ministry has told the Rajya Sabha that so far, the GST Council has not made any recommendation for the inclusion of petrol and diesel under GST.

  • At present there is no recommendation of the GST Council for review of compensation cess on tobacco products
  • Excise duty rates on fuel have been calibrated to generate resources for infra & other developmental items of expenditure keeping in view the prevailing fiscal situation
  • So far, the GST Council has not made any recommendation for inclusion of petrol and diesel under GST

Source from: https://twitter.com/CNBCTV18Live/status/1417405721562415111

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