Cochin Chamber urges Kerala govt to reduce VAT on natural gas
Cochin Chamber urges Kerala govt to reduce VAT on natural gas January 08, 2021 In pre-Budget memorandum, the Chamber seeks maritime cluster at Willingdon Island The Cochin Chamber of Commerce and Industry has urged the State Government to reduce VAT on natural gas from the current level of 14.5 per cent. This would increase the utilisation of natural gas in Kerala from the recently inaugurated Kochi-Mangalore gas pipeline. Neighbouring Tamil Nadu charges only 4 per cent tax on natural gas. So, a cut in gas levies would give an impetus for development and growth, Chamber president K Harikuma...
Source: thehindubusinessline.com