States Government to decide when petroleum products are to be taxed under GST: Nirmala Sitharaman

Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Sunday said at a post-Budget interaction organized by the Ministry of Finance in Kolkata that State governments should decide when GST should be applied to petroleum products and appealed to take initiative to bring petroleum products under Goods and Services Tax (GST).

Nirmala Sitharaman, Union Finance Minister said that the state’s government will have to decide when they want to tax petroleum products under Goods and Services Tax (GST), at present, petroleum products are already under GST.

it is not the responsibility of the Center to initiate the initiative to reduce tax rates, she added.