{"id":645177,"date":"2025-09-06T09:54:52","date_gmt":"2025-09-06T04:24:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=645177"},"modified":"2025-09-06T11:06:28","modified_gmt":"2025-09-06T05:36:28","slug":"gst-reforms-oil-gas-margins-to-compress-as-gst-on-exploration-hiked-to-18","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gst-reforms-oil-gas-margins-to-compress-as-gst-on-exploration-hiked-to-18\/","title":{"rendered":"GST reforms: Oil &amp; gas margins to compress as GST on exploration hiked to 18%"},"content":{"rendered":"<p>The GST Council on Wednesday approved raising the tax on services rendered for oil and gas exploration and production to 18% from the current 12%. With this move, oil and gas exploration and production will cost more. Finance Minister Nirmala Sitharaman announced that the new tax rates will be effective from September 22.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GST Council on Wednesday approved raising the tax on services rendered for oil and gas exploration and production to 18% from the current 12%. With this move, oil and gas exploration and production will cost more. Finance Minister Nirmala Sitharaman announced that the new tax rates will be effective from September 22.<\/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":[130,191,136],"tags":[],"class_list":["post-645177","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645177","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=645177"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645177\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=645177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=645177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=645177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}