Bringing petroleum products under GST will be good move Chief economic advisor

    Kolkata, Feb 28 (PTI) Chief Economic Advisor K V
Subramanian has backed a proposal to bring petroleum products
under the ambit of the Goods and Services Tax (GST).
    He, however, said the decision will have to be taken
by the GST council.
    "It will be a good move, but the decision rests with
the GST Council," Subramanian said during a recent interaction
with FICCI FLO members.
    Petroleum Minister Dharmendra Pradhan had also urged
Union Finance Minister Nirmalya Sitharaman to bring petroleum
products under the ambit of the GST.
    Continuous rise in fuel prices has burdened the common
man and become a political issue in states where assembly
elections are due.
    Subramanian also said inflationary pressures are
mostly on account of "food inflation". PTI BSM BDC
RBT RBT

(This story has not been edited by THE WEEK and is auto-generated from PTI)