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Center ready to bring petrol, diesel under GST, but states must agree- Puri

Petrol-Diesel GST: Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday that the Center is ready to bring petrol and diesel under the ambit of GST, but states are less likely to agree on it. Puri told reporters here that the consent of the states is necessary to bring petrol and diesel under the ambit of GST and if the states take initiative in this direction, the Center is also ready for it.

Minister Hardeep Singh Puri said, “We have already prepared for it. That is my understanding. However, the second issue is how to implement it. That question should be raised with the Finance Minister.”

Amid the long-standing demand for bringing petrol and diesel under the purview of GST, the Petroleum Minister expressed apprehension that there is little chance of a consensus between the states. He said that the main source of revenue of the states is the tax on liquor and petroleum products.

Why would the revenue earner want to leave it?

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Puri said, “It is not very difficult to understand that the states get their revenue from them. Why would the revenue earner want to leave it? Only the central government is concerned about inflation and other things.”

Referring to the decision of the Kerala High Court, he said that the matter was suggested to be taken up in the GST Council but the finance ministers of the states did not agree to it. He said, “As far as GST is concerned, our or your wishes are in place, we are part of a cooperative federal system.”

I am surprised by your question – Puri

When asked about the possibility of a fall in the prices of petrol and diesel, Puri said, ‘I am surprised by your question. In the last one year, the lowest increase in their prices has probably happened in India only. Morgan Stanley is also saying that India has been one of the best in the world.”

He said that India has saved itself from the impact of rising crude oil prices by taking steps like reduction in excise duty. He said, “I do not answer hypothetical questions, but the effort of the central government will be that the prices remain stable.”

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