Deepak Gupta | Dec 1, 2021 |
Pandemic period cannot be cited as the reason for including petroleum products under GST: Kerala High Court
The matter of including Petroleum Products under GST was taken to GST Council, but the reasons stated by the council were: (i) the matter involves high revenue implications, (ii) requires larger deliberations and (iii) during pandemic times, it would be difficult to bring petroleum products under GST regime.
To this Kerala High Court has quoted, “We are not satisfied with the reasons. There should be some discussion and genuine reasons, as to why petroleum products cannot be brought under the GST regime.”
As per the honorable Court, Pandemic period cannot be cited as reason for including petroleum products under GST.
Court-ordered Sri. P. R Sreejith, learned Standing Counsel for the Central Board of Indirect Taxes and Customs [CBIC], to file a detailed statement.
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