Kolkata: Speaking at an ASSOCHAM Foundation Week conference, D.V. Sadananda Gowda, Hon’ble Minister of Chemicals and Fertilizers, on Tuesday said that India stands at present at the cusp of interesting times when we have the big opportunity to make India into a global manufacturing hub for chemicals which could be achieved with both the industry and the government working on this together.
GST Council recommends rate structure for Petroleum and Oil Sector
New Delhi, Oct 11 (IBNS): The Union Ministry of Finance announced on Wednesday that to reduce the cascading of taxes arising on account of non-inclusion of petrol, diesel, ATF, natural gas and crude oil in GST and to incentivise investments in the E&P (exploration and production) sector and downstream sector, the GST Council has made several recommendations.