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.