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TMI BlogGST Council has to decide on levy of GST on Petroleum ProductsX X X X Extracts X X X X X X X X Extracts X X X X ..... GST Council has to decide on levy of GST on Petroleum Products - Goods and Services Tax - GST Dated:- 26-6-2019 - News - Article 279A (5) of the Constitution provides that Goods and Services ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Council shall recommend the date on which goods and services tax shall be levied on petroleum crude, high speed diesel, motor spirit, natural gas and aviation turbine fuel. Thus while, petroleum p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... roducts are constitutionally included under GST, the date on which GST shall be levied on such goods, shall be as per the decision of the GST Council. As per the section 9(2) of the CGST Act , incl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... usion of all excluded petroleum products, including petrol and diesel in GST will require recommendation of the GST Council. All the States and Union Territories (UT) with Legislature are rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... resented in the GST Council by their Minister-in-charge of Finance or Taxation or any other Minister nominated by the State/UT. Any decision regarding levy of GST on petroleum products has to be decid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed as per recommendation of the GST Council. This Information was given by the Union Minister for Petroleum and Natural Gas Shri Dharmendra Pradhan in a written reply in the Rajya Sabha today ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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