{"id":381003,"date":"2020-10-28T11:19:13","date_gmt":"2020-10-28T05:49:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381003"},"modified":"2020-10-28T12:01:53","modified_gmt":"2020-10-28T06:31:53","slug":"explained-why-energy-mncs-want-natural-gas-to-come-under-gst","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/explained-why-energy-mncs-want-natural-gas-to-come-under-gst\/","title":{"rendered":"Explained: Why energy MNCs want natural gas to come under GST"},"content":{"rendered":"<p>Global energy majors are bullish on the growth of natural gas usage in India and have called on the government to bring natural gas under the GST regime at the India energy Forum being held this week.<\/p>\n<p>Currently petrol, diesel, aviation turbine fuel, natural gas and crude oil fall outside India\u2019s Goods and Services Tax (GST) regime. Government officials have also indicated that the government is considering bringing natural gas under the ambit of the GST regime.<\/p>\n<p>\u201cGST was a welcome federal initiative to ease trade and it will be good if natural gas is included in that,\u201d said Bernard Looney, CEO of British Petroleum noting that under the current regime India was a complex market, as it has 29 markets within itself (because of differences in state laws).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global energy majors are bullish on the growth of natural gas usage in India and have called on the government to bring natural gas under the GST regime at the India energy Forum being held this week. Currently petrol, diesel, aviation turbine fuel, natural gas and crude oil fall outside India\u2019s Goods and Services Tax (GST) regime. Government officials have also indicated that the government is considering bringing natural gas under the ambit of the GST regime. \u201cGST was a welcome federal initiative to ease trade and it will be good if natural gas is included in that,\u201d said Bernard [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-381003","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=381003"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381003\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}