India mulls bringing natural gas under single unified tax regime

The Indian government has initiated moves to bring natural gas under the purview of Goods and Service Tax (GST) offering succor to a large number of gas-based power plants stranded by high-priced fuel. A Parliamentary committee on energy has batted in favour of including natural gas in the integrated pan-India GST structure. The committee notes that natural gas, as a clean energy source, should not be put at a disadvantage compared with other fuel, including coal, which is already under the integrated tax regime.