Question : INCLUSION INTO CATEGORY OF DECLARED GOODS



(a) whether the Government has urged the State Governments to include products such as natural gas and petroleum into the category of declared Goods;

(b) if so, the likely outcome of the said inclusion;

(c) whether the Government had also announced reduction in rates of certain taxes before persuading the State Governments to take the said step;

(d) if so, the details thereof; and

(e) if not, the reasons for asking the State Governments to take the said step?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF FINANCE(SHRI S.S. PALANIMANICKAM)

(a) & (b): No, Sir. Government had only sought views of the Empowered Committee of State Finance Ministers (EC) on the question of granting `Declared Goods` status to domestic natural gas/regasified LNG. EC has given its views and stated that natural gas/regasified LNG should not be brought in the `Declared Goods` list.

(c) to (e): Does not arise in view of the reply to parts (a) & (b) above.