Bring oil, coal, power under GST: Report
Sanjay Dutta | TNN | Dec 20, 2018, 05:09 ISTNEW DELHI: Niti Ayog has pitched for bringing oil, natural gas, electricity and coal under GST, a move that would allow input credit to make Indian industry globally more competitive and reduce energy bill for consumers.
The 'Strategy for New India @75' document released by the government's policy think tank on Wednesday, also establishes a link between tax and subsidy regimes for energy in India and the goal for reducing the economy's carbon footprint. It suggests same GST rate for all forms of energy to enable a level playing field.
The 'Strategy for New India @75' document released by the government's policy think tank on Wednesday, also establishes a link between tax and subsidy regimes for energy in India and the goal for reducing the economy's carbon footprint. It suggests same GST rate for all forms of energy to enable a level playing field.
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