Economy

Panel Recommends Bringing Petrol, Diesel, and ATF Under GST Regime

Hindustan Times1h
THE BRIEF
1

A panel set up by the PNGRB has recommended bringing petrol, diesel, and aviation turbine fuel under the Goods and Services Tax regime to lower logistics costs.

2

The committee suggested abolishing or reducing Central Sales Tax to nil in the interim period to ease inter-state transport fuel movement through pipelines.

3

While previous proposals faced opposition from states, the empowered GST Council is scheduled to discuss process reforms during its meeting in New Delhi on Wednesday.