Petrol under GST unfeasible; excise duty can be cut: Reddy
With spike in the petrol and diesel prices, former oil minister S Jaipal Reddy today said bringing them under the GST is "desirable", but not feasible as the states would oppose it, but the Centre can certainly cut excise duty on them.
The policy of keeping excise duty high when prices of international crude oil are low is wrong, he said.
"While putting it (petroleum products) in GST is advisable, desirable, it's not a feasible proposition because state governments...of the BJP also, will not agree," the senior Congress leader told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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