Oil minister Pradhan urges FM to bring petroleum products under GST ambit

Oil Minister Dharmendra Pradhan has urged finance minister Nirmala Sitharaman to bring petroleum products under the ambit of goods and services tax (GST), starting with natural gas and aviation turbine fuel (ATF). Pradhan has urged that the matter be taken up in the next GST Council meeting.

“Given the complexity of petroleum sector and the revenue dependence of state governments in this sector, petroleum products have been kept outside the ambit of GST regime. There has been continuous demand from the petroleum industry for inclusion of petroleum products under GST regime,” Pradhan said at the third India Energy Forum by CERAWeek.

Petroleum products—petrol, diesel, crude oil, natural gas and ATF—were not included in the GST list when it was introduced on 1 July, 2017.