Chennai: Tamilnadu government on Friday opposed the idea of bringing fuels under the goods and services tax (GST) by saying the petrol and diesel remain one of the last vestiges of a State’s right to manage its own revenue, according to Finance Minister of the State P T Palanivel Thiagarajan.
‘We are fundamentally opposed to bringing petrol and diesel products into the ambit of GST,’ according to the copy of the speech delivered by Palanivel Thiagarajan, at the 45th GST Council Meeting.
He said state taxation of petrol and diesel remained one of the last vestiges of any State’s right to manage their own revenues, since the advent of GST stripped away most of the small range of rights originally written into the Constitution. As such we are reluctant to give up any of these few remaining rights, he added.
Meanwhile, talking to the media in Madurai, he said he did not participate in the GST council meet in Lucknow due to prior commitments in the constituency and the fact that nothing important would be discussed in this meet, as per the agenda sent to the States initially.
The Minister said that he had received the invitation for the meeting only after 10 September and that he had committed to participate in many events in Madurai, and got himself excused from attending it by informing the Chief Minister M K Stalin.