{"id":436835,"date":"2021-09-18T12:15:28","date_gmt":"2021-09-18T06:45:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=436835"},"modified":"2021-09-18T12:15:28","modified_gmt":"2021-09-18T06:45:28","slug":"nirmala-sitharaman-not-apt-time-to-bring-petro-goods-under-gst","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nirmala-sitharaman-not-apt-time-to-bring-petro-goods-under-gst\/","title":{"rendered":"Nirmala Sitharaman: Not apt time to bring petro goods under GST"},"content":{"rendered":"<p>Meeting in-person for the first time after two years, the GST Council on Friday reduced or waived cess on a large number of critical-use medicines, but decided that this wasn\u2019t the right time to bring petrol and diesel under the GST.<\/p>\n<p>The council also agreed that compensation cess, which is over and above the GST, will continue to be collected on alcohol, tobacco products, large vehicles, coal and aerated water till March 2026 \u201cfor the specific purpose of repayment of loans taken\u201d to pay states, said Finance Minister Nirmala Sitharaman at a media briefing in Lucknow. \u201cThere has been a lot of media speculation on whether petroleum products will be brought under the ambit of the GST. I make it absolutely clear that this came on today\u2019s agenda purely because of the Kerala High Court order.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meeting in-person for the first time after two years, the GST Council on Friday reduced or waived cess on a large number of critical-use medicines, but decided that this wasn\u2019t the right time to bring petrol and diesel under the GST. The council also agreed that compensation cess, which is over and above the GST, will continue to be collected on alcohol, tobacco products, large vehicles, coal and aerated water till March 2026 \u201cfor the specific purpose of repayment of loans taken\u201d to pay states, said Finance Minister Nirmala Sitharaman at a media briefing in Lucknow. \u201cThere has been a [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,223,150],"tags":[],"class_list":["post-436835","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-tribune","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=436835"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/436835\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=436835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=436835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=436835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}