Maharashtra in favour of bringing petroleum products under GST, says state Finance Minister

s the Bharat bandh called by Opposition parties protesting the fuel price hike got a lukewarm response in the state today, Maharashtra Finance Minister Sudhir Mungantiwar said the state was in favour of brining petroleum products under the purview of the Goods and Service Act (GST).

He appealed to the Congress to ask the governments run by the Opposition parties to support his proposal.

“Maharashtra is in favour of bringing petroleum products under the GST. It is just a matter of time,” Mungantiwar said.

He said the state government has done its bit in reducing state taxes on petrol and diesel.

“Some of the Congress ruled states are not supporting our proposal to bring petroleum products under GST. The Congress should back the proposal,” he said.

Mungantiwar said that an important meeting of the GST Council is scheduled to be held on September 28. It is likely that the proposal will be discussed at the meeting.

He pointed out that many state governments are not willing to bring petroleum products under the purview of GST as they fear they will lose sizable revenue.

Maharashtra’s revenue has increased by 39.52 per cent in the first quarter of this year as compared to the first quarter of last year because of GST.

The state earned Rs 25,742 crore between April and June, 2017. This year it has earned Rs 35,915 crore in the same period.

Mungantiwar has attributed the increase in revenue to the GST which was implemented in July last year.

Meanwhile, Minister of State for Home (Rural) Deepak Kesarkar claimed the bandh by the Opposition parties today was successful in just 47 to 50 per cent of the state.

Shiv Sena leader Sanjay Raut claimed the party’s decision of not taking part in the bandh was right given the lukewarm response it got.

“Had the bandh call been given after prior consultations with the Shiv Sena then it would have evoked a good response. But the Congress made a mistake of conducting an agitation in the middle of the Ganesh festival. The one who decided on the date of the agitation probably did not have a clue about Maharashtra,” he said.

source:https://www.indiatoday.in/india/story/maharashtra-in-favour-of-bringing-petroleum-products-under-gst-says-state-finance-minister-1337255-2018-09-10

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