The discussion of bringing the prices of petrol and diesel within the ambit of GST has been arising for the last several years. The ministers of the government have also given a statement regarding this. The government says that its final decision will be taken by the GST Council. But now Finance Minister Nirmala Sitharaman has made it clear that as of now there is no proposal to bring crude petroleum, petrol diesel, aviation turbine fuel and natural gas under the purview of GST.
In response to a question in the Lok Sabha, Finance Minister Nirmala Sitharaman said that no suggestion has been received from the GSST Council to bring petroleum products under the purview of GST. The Finance Minister says that this proposal will be considered at the appropriate time.
At the same time, in order to reduce the rising prices of petrol-diesel, Finance Minister Anurag Thakur said that the central and state governments are considering it together. It is expected that a decision will be taken soon on the tax on petrol and diesel.
Dharmendra Pradhan also recommended
Earlier, Petroleum Minister Dharmendra Pradhan had said that he is constantly urging the GST Council to bring petro-products under GST so that common people can get relief. Pradhan had said to accept their demand depends on the council and they have to take a decision related to it. According to Pradhan, the price of crude oil has increased in the international market and it will be seen to decline soon. According to Pradhan, during the COVID the prices of crude oil had fallen, but now the opening of the market is seeing a rise in the price of crude oil.
Why the price of petrol and diesel increased, Petroleum Minister himself told this big reason
Why is there talk of bringing in GST
The rising prices of petrol and diesel have increased the earnings of the Central and State Governments, but the pockets of the common people have been cut. That is why people are talking about bringing petrol and diesel under the GST, the matter is from Delhi, according to Indian Oil, the ex-factory price of one liter of petrol, ie, the base price, if Rs 31.82, the central government levied tax of Rs 32.90 on one liter. If it is, then the state government gets a total tax of Rs 53.51 for the center and states at a liter of Rs 20.61. That is, a tax of Rs 53.51 is charged on petrol of 32 rupees.
These are 5 shares that made 1 lakh rupees 225000 in a year, price is less than 50 rupees
