Word from Industry
Natural gas might be added to the GST List
June 18, 2018
In its next meeting, the Goods and Services Tax council might take up the potential inclusion of natural gas in the indirect tax regime.
The Joint Secretary of the GST council addressed a PHD Chambers of Commerce and Industry event where he said, “Petroleum is a considerably larger source for revenues not only for [the] Centre but States also and on [the] natural gas front, there is some consensus for bringing it into GST ambit and therefore, it could be the first petroleum product that could come within the GST network,” He also added that aviation turbine fuel is also on the radar and can be included in the list soon. He concluded with, “[We are] going to propose inclusion of natural gas within the GST purview on an experimental basis in the forthcoming GST Council meeting.”
At the moment, GST doesn’t include petroleum crude, motor spirit, high speed diesel, natural gas, and ATF. However, the Petroleum minister, Dharmendra Pradhan and Indian Oil Corporation chairman Sanjiv Singh strongly support the decision of including petro products and natural gas under the GST regime.
Source: The Hindu
May 22, 2019
India surpasses China in terms of demand for LNG to fight pollution!
December 27, 2018
India inches closer to Natural Gas development
June 4, 2018
India’s first LCNG hub station comes up at Waghodiya
May 29, 2018
LNG: The New Backbone of Trucking Industry
March 29, 2018
Eastern Region of India to get green piped gas soon
March 12, 2018
The Opportunistic India!
February 12, 2018
In the world market of LNG
LNG: powering public transport!
January 29, 2018
H-Energy Private Limited
Western Concessions Private Limited
H-Energy Gas Marketing Private Limited
H-Energy East Coast Private Limited
HE Terminals Private Limited
H-Energy Mideast DMCC
H-Energy Management Holdings DIFC
- Privacy & Policy
- Terms & Conditions
12th Floor, Knowledge Park,
Hiranandani Business Park,
Powai, Mumbai - 400 076, India.
T: +91 22 2571 5100
F: +91 22 2576 3777
514, Dalamal Towers, 211 FPJ Marg,
Nariman Point, Mumbai - 400 021,
T: +91 22 2287 6060
F: +91 22 2283 2010