https://www.taxtmi.com/news?id=72896 Petrol and diesel should be considered for inclusion under the GST framework through structured and consultative deliberations in the GST Council. The representation relies on Article 279A(5) as envisaging the eventual inclusion of petroleum products within GST and urges fresh consideration in light of prevailing economic conditions. It proposes a calibrated framework, including a working group, transitional compensation support, a limited revenue-protection cess, and a formula-based fiscal stabilisation mechanism. en-us Wed, 20 May 2026 17:46:03 +0530 Wed, 20 May 2026 17:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72896 Petrol and diesel should be considered for inclusion under the GST framework through structured and consultative deliberations in the GST Council. The representation relies on Article 279A(5) as envisaging the eventual inclusion of petroleum products within GST and urges fresh consideration in light of prevailing economic conditions. It proposes a calibrated framework, including a working group, transitional compensation support, a limited revenue-protection cess, and a formula-based fiscal stabilisation mechanism. News - Wed, 20 May 2026 17:46:03 +0530 https://www.taxtmi.com/news?id=72896