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Tuesday, December 01, 2020

Dharmendra Pradhan: Consensus on including LNG under GST soon

According to a government release, Pradhan said the call from industry to include LNG under the indirect tax regime was a genuine demand and that a consensus was likely to develop on the issue soon.

By: ENS Economic Bureau | New Delhi | Updated: November 7, 2020 1:30:22 am
Dharmendra Pradhan, India-US oil deal, oil minister, economy news, indian express newsUnion Oil Minister Dharmendra Pradhan. (File photo)

There is likely to be a consensus on including liquefied natural gas (LNG) under the ambit of the Goods and Services Tax (GST) soon, Petroleum Minister Dharmendra Pradhan said on Friday.

According to a government release, he said the call from industry to include LNG under the indirect tax regime was a genuine demand and that a consensus was likely to develop on the issue soon.

He was speaking at a webinar on boosting awareness of benefits of LNG among end-users and promoting its use as a transport fuel. He asked industry to identify sector-specific requirements for expansion of LNG markets in India.

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