Did not include Petrol/Diesel under GST since it yields significant revenue for Centre, States: Union govt to Kerala High Court

"Fiscal policy is a function of several factors and may not be constrained by the fact that it causes hardship to persons who have to pay or suffer taxes," the Centre said in its counter affidavit.
Petrol and GST
Petrol and GST

The Central government and the Goods and Services Tax (GST) Council have defended the decision to not include petrol and diesel within the ambit of the tax, stating that it was a conscious decision as these products yield significant revenues for the Central and State governments.

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