For now, no GST on oil products

The Centre has virtually ruled out including petroleum products within the ambit of GST immediately, turning down repeated demands from the ... thumbnail 1 summary
The Centre has virtually ruled out including petroleum products within the ambit of GST immediately, turning down repeated demands from the aviation sector and oil companies. Stamp duty on real estate, excise on alcohol and petroleum products are among the handful of items on which states still have control after the introduction of GST.

from The Times of India http://timesofindia.indiatimes.com/business/india-business/government-rules-out-bringing-oil-products-under-gst-for-now/articleshow/69834267.cms

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