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Shillong to host FMs’meet on Nov 18-19

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New Delhi: The Empowered Committee of State Finance Ministers on GST will meet in Shillong on November 18 and 19 and may firm up views on issues concerning the taxation of liquor and petroleum products in the proposed Goods and Services Tax regime.

“The EC will meet in Shillong on November 18-19 and issues concerning taxation of liquor and petroleum products are expected to figure in the meeting,” said a senior Finance Ministry official.

At its last meeting on October 21, several states had opposed the inclusion of petroleum products and liquor in the proposed indirected taxes regime as the move would severely affect their revenues.

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