GST On Fuel

Share of biofuel will be 50% of fossil fuels in five years, says minister

Kerala on Thursday said it will vehemently oppose any move to bring petrol and diesel under the GST regime as that will further reduce revenue generation for the state

I would be glad to be having this on the agenda and discuss it. I have no issues. Let the states come and discuss it, she said in the Lok Sabha.

Including aviation turbine fuel and natural gas will not just help companies set off tax that they paid on input but will also bring about uniformity in taxation on the fuels in the country

The Ministry of Civil Aviation and Petroleum Ministry have asked the Ministry of Finance and all the states to consider bringing ATF under the GST framework

GST has been spoken of as a panacea for high fuel prices but there seems to be no consensus on bringing petro-products under the new regime in immediate future

Govt is also working on larger roadmap to rationalise process of selling ethanol for mixing in petrol

GST Council may try to build consensus among states over imposing GST on fuel