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Madhya Pradesh wants fuels excluded from ambit of GST  


Madhya Pradesh has made a case for excluding not only petroleum products, but even other fuels from the proposed Goods and Services Tax (GST) regime.



 

“It is difficult to agree with the suggestion (Centre's suggestion) to include petroleum products within the purview of GST”, Mr Raghavji, Finance Minister of Madhya Pradesh, told the Empowered Committee of State Finance Ministers on GST here on Friday. A copy of his speech at the meeting was made available to the media persons here.

The Centre had in response to the first discussion paper on GST taken a view that diesel, ATF (aviation turbine fuel) and motor spirit may be levied to GST.

The Empowered Committee had however suggested that crude, motor spirit (including ATF) and high speed diesel (HSD) be kept outside the GST. No view has so far been taken by the empowered committee on exclusion of natural gas from the purview of GST.

Madhya Pradesh Finance Minister also told the empowered committee that purchase tax should not be subsumed in GST.

Source: The HinduBusinessLine, India, dated 23/05/2010

 

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