Bringing petroleum products under GST would be advantageous: Indian Oil Chairman

Updated:8 years, 5 months ago

New Delhi, Jan 30 (ANI): The Finance Ministry is in favour of bringing petroleum products under Goods and Services Tax (GST) regime, Finance Minister Arun Jaitley asserted in December last year. On this, state-owned Oil and Gas Company, Indian Oil’s Chairman Sanjiv Singh said that, “If Petroleum products come under GST then it is a seamless process. Probably, in long term everybody wants all products to come under GST. So let’s see, but for us it will be little disadvantageous till all products don't come under GST.”

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Bringing petroleum products under GST would be advantageous: Indian Oil Chairman

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