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AP govt against move to include natural gas in GST ambit

Press Trust of India  |  Amaravati (AP) 

The government today opposed the move to bring within the of the Goods and Services as such a plan would make the state lose substantial revenue.

Referring to reports in this regard, State minister said the proposal was not even circulated to the states.

In a statement, Ramakrishnudu also opposed any move to include any under GST.

Issuing of statements by the officials of the council on such sensitive policy issues cannot be accepted, he said.

secured a revenue of Rs 523 crore on sale of in 2017-18.

"Being a of the natural gas, the state would lose substantial revenue if the gas is included in GST as our ultimate consumption is lesser than the production," Ramakrishnudu said.

"The state has already lost autonomy in raising fiscal resources with the introduction of GST. Now, inclusion of in GST will further affect the revenue position. For this reason, we oppose inclusion of other petroleum products also under GST," he added.

He claimed that the group of ministers, constituted by the to deliberate on various issues and make recommendations, was issuing statements to the media before they were put up in the council.

"Such press briefings are creating confusion in the minds of traders and other payers as they are getting the impression that they are the decisions of the council, he said, adding, all these issues were addressed to the of the for appropriate action.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, June 09 2018. 20:00 IST