In today's episode of News Today, Rajdeep Sardesai interviewed Tamil Nadu Finance Minister Dr P Thiaga Rajan, who explained why states were opposing the proposal to bring petroleum products under the GST regime.
P Thiaga Rajan said that since the onset of the GST era, only alcohol and petroleum-related products were left under the ambit of state taxation. Thus, GST on petroleum products will majorly affect the states' revenue generation, the Tamil Nadu finance minister said.
P Thiaga Rajan said that since the onset of the GST era, only alcohol and petroleum-related products were left under the ambit of state taxation. Thus, GST on petroleum products will majorly affect the states' revenue generation, the Tamil Nadu finance minister said.
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