{"id":464172,"date":"2022-01-27T11:07:28","date_gmt":"2022-01-27T05:37:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=464172"},"modified":"2022-01-27T12:16:31","modified_gmt":"2022-01-27T06:46:31","slug":"bring-natural-gas-under-gst-to-realise-pms-vision-of-gas-based-economy-industry-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bring-natural-gas-under-gst-to-realise-pms-vision-of-gas-based-economy-industry-2\/","title":{"rendered":"Bring natural gas under GST to realise PM&#8217;s vision of gas-based economy: Industry"},"content":{"rendered":"<p>The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi&#8217;s vision for a gas-based economy and raising the share of the environment-friendly fuel in India&#8217;s energy basket, an industry body that represents the likes of Reliance Industries as well state-owned firms, has said. <\/p>\n<p>Natural gas is currently outside the ambit of GST, and existing legacy taxes &#8212; central excise duty, state VAT, central sales tax &#8212; continue to be applicable on the fuel. In its pre-Budget memorandum to the finance ministry, Federation of Indian Petroleum Industry (FIPI),<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi&#8217;s vision for a gas-based economy and raising the share of the environment-friendly fuel in India&#8217;s energy basket, an industry body that represents the likes of Reliance Industries as well state-owned firms, has said. Natural gas is currently outside the ambit of GST, and existing legacy taxes &#8212; central excise duty, state VAT, central sales tax &#8212; continue to be applicable on the fuel. In its pre-Budget memorandum to the finance ministry, Federation of Indian Petroleum Industry (FIPI),<\/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":[130,211,144],"tags":[],"class_list":["post-464172","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464172","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=464172"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464172\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=464172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=464172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=464172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}