Why Should India Include Natural Gas In GST?
The central government has indicated that it may bring natural gas under the ambit of GST (Goods and Services Tax), earlier than expected. Presently, diesel, jet fuel, crude oil, and natural gas fall outside the GST ambit. However, several industry groups want gas to come under an indirect tax regime. As per the Ministry of Petroleum and Natural Gas, world's average natural gas share in the primar…