The Ministry of Petroleum & Natural Gas via a press release on it’s official website have announced that the GST council is yet to decide on levy of GST on petroleum products.
According to Article 279A (5) of the Constitution, the Goods and Services Tax Council has been entrusted with the responsibility of recommending the date from which the goods and services tax shall be levied on petroleum crude, high speed diesel, motor spirit, natural gas and aviation turbine fuel. The GST Council also has the responsibility of giving recommendations pertaining to the inclusion of all excluded petroleum products, including petrol and diesel in GST (As per the section 9(2) of the CGST Act).
The decision however, is yet to be taken.
To read the notification click here
