New Delhi: A proposal to bring petrol and diesel under the GST regime would be placed before the GST Council for discussion on Friday in the light of the Kerala High Court asking the council to do the needful, but a decision in this regard seems highly unlikely, a source privy to development told FC.
The council, which is meeting in Lucknow on September 17, will be debating the most sought-after proposal at a time when fuel prices are at their highest levels, burning a hole the pandemic-hit consumers’ pockets. But in Friday’s meeting, the move may not find any support from states cutting across party lines. There has been a clamour from economist as well as political bosses to bring essential fuels under the GST regime to drastically bring down their prices.
