Diabytes
VAT on petroleum products News
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Rahul Gandhi hit out at Prime Minister Narendra Modi, saying his federalism is "not cooperative but coercive"
His remarks came a day after Modi flagged higher fuel prices in many opposition-ruled states and urged them to reduce VAT
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Finance Minister Arun Jaitley has written to state chief ministers seeking a cut in sales tax or VAT on fuels like natural gas that have been kept out of the GST but are used as inputs for goods that come under the new indirect tax regime.
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Maharashtra Minister Deepak Kesarkar on Sunday informed the Legislative Council that the continuation of VAT on petroleum products and alcohol will be decided by the Goods and Service Tax Council in the next five years.
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