GST on Petroleum And Natural Gas Crude Oil
A statement is laid on the Table of the House.
Statement referred to in reply to parts (a) to (e) of the lok sabha starred question no 188 asked by dr. P.k. Biju & shri md. Badaruddoza khan to be answered on 24.12.2018, regarding ‘gst on crude oil’
Article 279A (5) of the Constitution provides that Goods and Services 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 products 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, inclusion 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 represented 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 decided as per recommendation of the GST Council.
The above information given by the Minister of State for Of Petroleum And Natural Gas Shri Dharmendra Pradhan in the Parliament on 28.12.2018