{"id":33120,"date":"2018-10-30T11:01:51","date_gmt":"2018-10-30T05:31:51","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=33120"},"modified":"2018-10-30T11:01:51","modified_gmt":"2018-10-30T05:31:51","slug":"centre-wants-gst-on-fuel-arunjaitley","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/centre-wants-gst-on-fuel-arunjaitley\/","title":{"rendered":"Centre wants GST on fuel: ArunJaitley\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/business\/Economy\/centre-wants-gst-on-fuel-jaitley\/article21940182.ece\"><strong>Centre wants GST on fuel: ArunJaitley<\/strong><\/a><strong>\u00a0<\/strong><\/p>\n<p><strong>Context<\/strong><\/p>\n<p>The Centre favours including petroleum products within the ambit of the Goods and Services Tax (GST), but it would want a consensus among the States before taking such a step, Union Finance Minister ArunJaitley told the RajyaSabha on Tuesday.<\/p>\n<p><strong>Finance Minister, however, says a consensus from the States is required before taking such a step<\/strong><\/p>\n<ul>\n<li>During Question Hour, Congress leader and former Finance Minister P. Chidambaram sought to know the Centre\u2019s position on bringing\u00a0petrol\u00a0and diesel under the GST.<\/li>\n<li>He also sought to know why the prices of petrol and diesel did not decline with a fall in the global crude prices.<\/li>\n<\/ul>\n<p><strong>\u2018Issue a deal-breaker\u2019<\/strong><\/p>\n<ul>\n<li>He said the previous UPA government in its draft GST Bill had kept petrol out of its ambit as it knew that the issue would be a deal-breaker between the Centre and the States.<\/li>\n<li>He said the present government had persuaded the States to include petrol within the GST and the States reluctantly agreed to do so<\/li>\n<li>However, it is only when the States demanded it and a consensus was formed, that it would be done.<\/li>\n<\/ul>\n<p><strong>Duties Imposes by the States<\/strong><\/p>\n<ul>\n<li>Responding to the charge that petrol and diesel prices were not coming down in line with global prices, Mr.Jaitley said it has to be kept in mind that a large number of duties on these products were imposed by the States.<\/li>\n<li>On the Centres advice, many States had brought down these taxes but those ruled by the UPA (Congress and its allies) had not done so.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Centre wants GST on fuel: ArunJaitley\u00a0 Context The Centre favours including petroleum products within the ambit of the Goods and Services Tax (GST), but it would want a consensus among the States before taking such a step, Union Finance Minister ArunJaitley told the RajyaSabha on Tuesday. Finance Minister, however, says a consensus from the States&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/centre-wants-gst-on-fuel-arunjaitley\/\">Continue reading <span class=\"screen-reader-text\">Centre wants GST on fuel: ArunJaitley\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-33120","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704895173},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/33120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=33120"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/33120\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=33120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=33120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=33120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}