GST On Petroleum Products, Council To Decide; Union Minister Dharmendra Pradhan

News World India | 0
| October 1 , 2017 , 10:55 IST

In a landmark statement, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan on Saturday said that the government is mulling over the decision whether petroleum products should be brought under the arms of Goods and Services Tax (GST) or not.

Suggesting that the decision to bring petroleum products under GST would bring relief for the people, he said, "Slowly the price of the petroleum products is being stabilized and this matter will be taken to the GST Council and with the help of the state and central government it will be brought under the GST so the customers can get relief."

“India has reached towards a crucial point under Prime Minister Narendra Modi, a serious fight has been started against the corruption, which is akin to Ravana. Our country is developing and will grow further,” he said.

“I believe GST came as a festivity for the nation; it was implemented after being thoroughly discussed and taking advice from the state government, central government and the people,” said the Union Minister when asked about GST.

Telling the people to wait for the benefits of the new tax bracket, Pradhan said, “When something new comes into force, it takes time to show benefits and there are small issues with it also but the government is cautious and is looking after that the businessmen have no problems. The way collection of the GST is increasing, I hope that the businessmen are supporting it equally.”

-With Agency Feeds