1. Home
  2. Petrol, diesel may be brought under GST in future: Goyal

Petrol, diesel may be brought under GST in future: Goyal

DHNS
July 3, 2017

Bengaluru, Jul 3: Union Minister for Energy Piyush Goyal interacted with members of the public on Sunday to clarify their doubts about the newly introduced Goods and Services Tax (GST).

Goyal1

The interactive session was organised by the Byatarayanapura and Hebbal mandals of Bharatiya Janata Party (BJP) at the Sri Ramana Maharshi Heritage Auditorium in Sanjay Nagar.

Addressing the gathering, Goyal said, “GST is a transformative move which will benefit the poor, farmers and the middle-class the most. The credit goes not only to the prime minister but also to the different political parties for supporting it. This is an excellent example of cooperative federalism.”

Goyal and the commissioner for Central GST, Vivek Prakash then answered questions raised by the audience.

A member of the audience asked if a digital advertising company with turnover less than Rs 20 lakh sales would be exempted from GST. Goyal confirmed that it would be, as the exemption is applicable to service providers. He further added that any company which tried to falsely show turnover below the bracket would be caught.

“In GST, there is a reverse charge mechanism. Those who availed of the services will have to pay GST and through that we can know if the service provider is trying to evade tax,” he said.

When asked why petrol and diesel were not included in GST, Goyal said that states could not reach a consensus on this matter and it could be included in the future.

Answering a question on why there were tax rates higher than 28% in some cases, the commissioner said, “In some cases, the tax rate is more than 28% because of cess. This has been included to compensate states if they have a revenue-shortfall due to GST. But this is not a permanent feature and it will be removed later on.”

Goyal2

Comments

Sahil
 - 
Friday, 7 Jul 2017

There are not even 200 people's even they came thinking they will get bottle to drink..God will punish them..

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 5,2020

Tirupati, Jul 5: The Karnataka government will soon build a massive pilgrim amenities complex and marriage hall at Tirumala, the hill abode of Lord Venkateswara, at an estimated cost of Rs 200 crore, a temple official said here on Saturday.

The state would soon submit a blueprint for the construction of the Rs 200 crore mega complexes to the Tirumala Tirupati Devasthanams (TTD) that governs the hill shrine, the official said.

Consequently, based on the designs, TTD would construct the complexes with the given fund and after completion, they would be handed over to the Karnataka government, he said.

Karnataka Chief Minister BS Yediyurappa would lay the foundation stone for the mammoth complexes on the hills some time next month, he said.

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy is likely to take part in the programme, he added.

Comments

Ahmed Ali k
 - 
Sunday, 5 Jul 2020

Dear Sir,   

 

 

Keep aside all these type of extra expenditure like spending for statues, monuments, pilgrim amnesties etc.

 

During this period of virus pandamic, please use all these amount for medicines, medical facilities, food and development of the state.  We are facing shortage of medical facilites and the people are dying on the road by not getting a bed in the hospital.  Please use these amounts for the same.  During this Pandemic not even hindu brothers also accept this offer.  Leave all vote politics and concentrate to develop the state.

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 26,2020

Feb 26: The Tamil Nadu government on Tuesday claimed that it prevented Karnataka from discussing the contentious Mekedatu reservoir issue at the Cauvery Water Management Authority (CWMA) meeting held in New Delhi.

Besides the representatives of Tamil Nadu and Karnataka at the fifth meeting of CWMA, presided over by Central Water Commission Chairman R K Jain, officials of Kerala and Puducherry also participated.

CWMA member and TN PWD Secretary K Manivasan told reporters after the meeting that the state government prevented Karnataka from discussing the dam issue by pointing out the pending petitions in the Supreme Court against the project filed by the E Palaniswami government.

"We have told participants of the meeting that Mekedatu reservoir will be against the interests of Tamil Nadu and its farmers. Our consistent stand is that it should not be built at any cost. Finally the issue was not discussed in the meeting," Manivasan said.

The Mekedatu reservoir is proposed to be constructed by Karnataka across Cauvery river near Mekedatu, about 110 km from Bengaluru, in Kanakapura taluk.

It was first proposed along with Shivanasamudra hydro power project at Shimsa in 2003 with an intention to use the water for a hydro power station and supply drinking water to Bengaluru city. It was designed to store 67 tmc feet of water.

While Tamil Nadu is claiming that the construction of a balancing reservoir will disturb Cauvery water flow to the state affecting irrigation, Karnataka says the project is basically designed to take care of the drinking water needs of Bengaluru after releasing water to Tamil Nadu as per the quantum specified by the Cauvery water disputes tribunal.

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 21,2020

Mysuru, Jan 21: South Indian actor Rashmika Mandanna, whose house was raided recently by IT sleuths, appeared for an inquiry along with her father Mr Madan Mandanna, here on Tuesday.

She arrived at the office of Principal Commissioner for IT, at Nazarbad, in the city. She was accompanied by nine persons, including auditors and accountants, who carried two backpacks and a kitbag.

Mr Madan mandanna said, "the IT officials have sought some documents and we are here to submit them."

Comments

Add new comment

About text formats
  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.