NEW DELHI: The finance Ministry is not planning to bring petrol and diesel under the ambit of GST in the near future, even though some states and economists have asked for the move to give some relief to consumers.“There is no such proposal or even formal discussion to bring petrol and diesel under GST, at least in the immediate future. There is a huge revenue implication attached to it and, even when all the states agree to it, it will take several meetings and deliberations to do so,” a senior finance ministry official told this publication. The official was clarifying on a statement by West Bengal finance minister Amit Mitra, who had said that many states are open to bringing petrol and diesel under GST, and that it was the Centre that has to do it.
