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Centre open to bringing fuel under Goods and Services Tax

GUWAHATI : The Central government on Friday advocated bringing transport fuel under the GST to curb the price hike. 

Road Transport and Highways Minister Nitin Gadkari said that bringing petrol and diesel under GST will benefit the States. 

Adding to that, Finance Minister Piyush Goyal said if the GST Council decides to go for it, the Centre will welcome the move.

The government is thinking of a policy which addresses the issue from the consumer point of view – wherein they don’t have to pay really high price for the fuel – while also ensuring that government revenue from taxes on petrol and diesel does not shrink, Goyal said.

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