Petrol, Diesel not to be brought under GST: Sushil Modi

Last updated: 30 June 2018

When being asked about the tentative time of bringing Petrol under the new GST regime, the Goods and Service tax council member and Bihar Dy. Chief Minister Sushil Kumar Modi ruled its possibility out in the near future. While addressing the PHD Chambers event, he said: If petrol, diesel are to be brought under the GST Umbrella, in such cases a 28% of the tax will be levied and additionally the states will be allowed to levy additional taxes to prop up revenue. It will take some time to inclu
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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