GAIL Chairman Advocates Inclusion of Natural Gas in GST Regime
OIL & GAS

GAIL Chairman Advocates Inclusion of Natural Gas in GST Regime

Sandeep Kumar Gupta, the Chairman of GAIL (India) Limited, has urged for the inclusion of natural gas in the Goods and Services Tax (GST) regime. Highlighting the potential benefits of such a move, Gupta emphasizes the need for uniform taxation and enhanced transparency in the natural gas sector.

Gupta's advocacy for bringing natural gas under the GST regime aims to streamline taxation and eliminate the cascading effect of multiple taxes imposed on the commodity across different states. By subjecting natural gas to GST, Gupta believes that it would promote a more competitive market environment and stimulate investment in the gas sector.

The Chairman's proposal aligns with efforts to rationalize taxation and create a level playing field for natural gas suppliers and consumers. The inclusion of natural gas in GST could lead to reduced tax burdens for consumers and facilitate the expansion of the gas market, benefiting industries reliant on clean energy sources.

Gupta's call for the incorporation of natural gas into the GST regime reflects industry sentiments regarding the need for tax reforms to boost the growth of the gas sector. The move could enhance the attractiveness of natural gas as a clean and efficient fuel alternative, contributing to India's energy transition goals.

As discussions surrounding the inclusion of natural gas in GST gain momentum, stakeholders anticipate constructive dialogue and collaborative efforts between industry players and policymakers to address taxation challenges and unlock the full potential of the natural gas market in India.

Sandeep Kumar Gupta, the Chairman of GAIL (India) Limited, has urged for the inclusion of natural gas in the Goods and Services Tax (GST) regime. Highlighting the potential benefits of such a move, Gupta emphasizes the need for uniform taxation and enhanced transparency in the natural gas sector. Gupta's advocacy for bringing natural gas under the GST regime aims to streamline taxation and eliminate the cascading effect of multiple taxes imposed on the commodity across different states. By subjecting natural gas to GST, Gupta believes that it would promote a more competitive market environment and stimulate investment in the gas sector. The Chairman's proposal aligns with efforts to rationalize taxation and create a level playing field for natural gas suppliers and consumers. The inclusion of natural gas in GST could lead to reduced tax burdens for consumers and facilitate the expansion of the gas market, benefiting industries reliant on clean energy sources. Gupta's call for the incorporation of natural gas into the GST regime reflects industry sentiments regarding the need for tax reforms to boost the growth of the gas sector. The move could enhance the attractiveness of natural gas as a clean and efficient fuel alternative, contributing to India's energy transition goals. As discussions surrounding the inclusion of natural gas in GST gain momentum, stakeholders anticipate constructive dialogue and collaborative efforts between industry players and policymakers to address taxation challenges and unlock the full potential of the natural gas market in India.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code