News
Jaitley asks states to cut VAT on natural gas, other fuels kept out of GST
- Date:
- August 18, 2017
- Source:
- Business Standard
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 Goods and Services Tax (GST) but are used as inputs for goods that come under the new indirect tax regime. Crude oil, petrol, diesel, natural gas and jet fuel (ATF) have been kept out of the Goods and Services Tax (GST) which kicked in from J…