In the Madras High Court, a public interest litigation (PIL) petition has been filed with the objective of inserting a request to the Centre to bring petrol and diesel under the goods and services tax cv sector, and thus, like other commodities reduce cross country price differences in the two commodities.
The plea has been posted for hearing today by the first Division Bench of Acting Chief Justice D. Krishnakumar and Justice P.B. Balaji on Wednesday 11th September 2024. Advocate C. Kanagaraj guidelines that the movement about the fuel price reduction and maintained argumentative economy in the nation.
Even after the G.S.T was raised on other goods hence its contraption to oil products was a hurdle due tovels in enacting certain provisions of law which restrict the collection of state seeking for G.S.T as almost every state earns from the sale of the products through their own taxes.
Section 9(2) of the Central gst act,2017 outlines that petroleum crude, high speed break oil, motor octane fuels, gas and aviation gas fuels supply is also inclusive within the mbs sales that will commence at a date when specified by the hmg upon gsc recommendations.
Don’t get me wrong; the Centre has yet to fix the timely announcements even after persistent pleas from the PIL since none of the State governments concurred due to lack of consultation. Petroleum products would become cheap if they are included in the GST and this is something the PIL petitioner wished to see happen.
Allegedly, the petitioner claimed that a demand was made on the unions finance ministry on 12 October 2023. The petitioner claimed to have made the Union Ministry of Petroleum and Natural Gas, the Tamil Nadu government and the major public sector and private sector oil companies as respondents to his petition.
