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GST Council To Discuss ATF Inclusion In Next Meeting, Says Nirmala Sitharaman

GST Council To Discuss ATF Inclusion In Next Meeting, Says Nirmala Sitharaman

NDTV
Sunday, February 06, 2022 03:29:00 PM UTC

Government will discuss inclusion of ATF under GST regime in the next meeting of the council, finance minister Nirmala Sitharaman has said

Government will discuss inclusion of aviation turbine fuel (ATF) under goods and services tax (GST) regime in the next meeting of the council, finance minister Nirmala Sitharaman said on Sunday, while saying that rising global fuel prices is a "concern".

Interacting with industry body Assocham, the finance minister said that the GST council in its next meeting will take up the matter of ATF's inclusion in the regime.

"It is not with ... (the Centre) alone, it has got to go to the GST Council. The next time we meet in the Council, I will put it on the table for them to discuss it," she said.

When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities – crude oil, natural gas, petrol, diesel and ATF – were kept out of its purview given the revenue dependence of the central and state governments on this sector.

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