India is aiming to build a gas trading hub to help develop the domestic gas market, and the downstream regulator, PNGRB, is working out regulations for the proposed hub. This is because tax rates on natural gas vary from state to state and it would be hard for buyers and sellers entering physical contracts on the exchange to juggle multiple rates.
from Oil & Gas-Energy-Industry-Economic Times https://ift.tt/2PLUEtN
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Monday, November 4, 2019
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Petroleum and Natural Gas Regulatory Board bats for bringing natural gas under GST
Petroleum and Natural Gas Regulatory Board bats for bringing natural gas under GST
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