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GST on Zomato Order, Time not Right to Bring Petrol Under GST, Says FM

“The GST Council is physically meeting after a long time, and the industry is keenly looking forward to this meeting. Issues such as bringing petroleum products, natural gas under GST ambit, capacity based taxation for tobacco products, future of compensation levy, GST rate rationalizations are expected to be discussed in the meeting. It will also be interesting to see if the GST council extends the GST exemptions for essential COVID supplies for a further period,” said Rajat Bose, partner, Shardul Amarchand Mangaldas & Co.

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