Energy industry asks for GST on petrol, tax exemptions in renewables from Budget 2023

Industry organisations want petroleum products to come under the ambit of the Goods and Services Tax (GST) in Budget 2023, which Finance Minister Nirmala Sitharaman will present in Parliament on February 1, to lower costs. The Confederation of Indian Industry (CII) said the government should consider bringing petroleum products as well as electricity tariffs and real estate under GS…