Business Standard

‘Liquor and fuel should not come under GST’

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Te lang ana Finance Minister Et el a Raj en der on Tuesday said the state would suffer huge financial losses if the Centre brings pet roland diesel under the am bit of the goods and services tax( G ST ). He said Te lang ana differs with some of the terms of reference (ToRs) issued by the 15th Finance Commission .“This (bringing pet roland diesel under GST) is not a correct decision. It would hurt the federal spirit of our country. If these products are brought under the GST, state finances will be further reduced ,” he said. Liquor and fuel should not come under GST, he added. States should have some independen­ce for generating their own revenue, headded. Opposing the To R of the 15 th Finance Commission, finance ministers of various states met in the AP capital.

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