Petroleum products need tax uniformity, says Petroleum Minister Dharmendra Pradhan

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Hyderabad: Union Petroleum Minister Dharmendra Pradhan on ‘uniform tax mechanism’ crossways the nation conveyed that petroleum products required to be brought in realm of the goods and services tax (GST).

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Dharmendra Pradhan has also conveyed that this is the proposal of the Petroleum Ministry. We have plea to all the states and finance ministry. Appearing into the customer’s interest, there must be tax rationalization.

On the combative issue of day by day fuel value update, Pradhan said residential rates are controlled by worldwide costs. “There is no correspondence hole or confuse (amongst residential and worldwide costs). Whatever is the worldwide value we are passing precisely that to the Indian shopper.

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When it is expanding, we need to increment, when it is declining we need to diminish it. That is the training in the nation,” he stated, including that States are getting 42 for every penny share in whatever demand is being gathered by the Center.

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