Majority of Council opposed bringing petroleum products under GST: Nirmala Sitharaman
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Union Finance Minister Nirmala Sitharaman on Friday said that a majority of state governments opposed the inclusion of petroleum products under the GST.
Addressing the media after the conclusion of the Council's 45th meeting -- and the first held in a physical format after start of the Covid-19 pandemic, she said that the issue was deliberated at the meeting, after it was added to the agenda at the last moment on the back of a Kerala High Court order.
Sitharaman said the Council members did not see find the current situation appropriate to bring petroleum products under the GST.
It was widely speculated that such a move might be initiated to lower the record high prices of petrol and diesel.
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