No GST on Petrol, Diesel as Govt fears Revenue Loss - Etv
Wed, Aug 22, 2018, 07:45 AM
The petrol and diesel are not under GST at present and the people are demanding to include them under GST. Union Minister Nithin Gadkari has conducted a revue meeting on this issue and the sources say that these petro products might not be included under GST as both the centre and the states fear huge revenue losses. It is assessed that as many as 20000 crores of Rupees input credit burden will be levied on the centre if these petro products are clubbed in GST. Watch the video for more losses.