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Petroleum and alcohol to be kept out of GST: empowered committee

The empowered committee of state finance ministers today unanimously decided to keep petroleum and alcohol out of the proposed Goods and Service Tax (GST) stating that these were the main sources of income for states. "There is total unanimity that these (petroleum and alcohol) should be kept out of GST," Abdul Rahim Rather, chairman of the empowered committee of state finance ministers, told reporters here. Mr Rather, who is...
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