- Bringing natural gas under the GST regime could reduce prices for customers
- The Indian government is cautiously optimistic about bringing natural gas under GST
- Discussions about this move have been ongoing, but it has not yet been implemented
- Petroleum Secretary Pankaj Jain anticipates a resolution on this topic by the financial year 2025
- Domestic taxes on natural gas are still a work-in-progress, impacting its use
Source: ndtvprofit.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- GST on Hotel Rooms ≤ Rs 7,500: 5% Rate, No ITC for Hotels or Business Travellers
- GSTN Releases Key FAQs on GSTR 9/9C Filing for Financial Year 2024-25
- Supreme Court: VAT Credit Cannot Be Denied Due to Supplier’s Tax Default
- Trickiest countries in which to achieve compliance
- India announces changes in the Invoice Management System
