Qatar, India’s biggest supplier, wants natural gas in GST ambit

Qatar, the biggest supplier of liquefied natural gas (LNG) to India, wants the government to consider bringing natural gas in the ambit of Goods and Services Tax (GST). “LNG should be considered to get full benefits of GST," Qatar Gas CEO Khalid Bin Khalifa Al-Thani said at Petrotech Conference in Greater Noida on Sunday. Natural gas, crude oil, petrol, diesel, and jet fuel are not covered under GST.

Indian oil and gas industry has long been demanding the inclusion of gas in GST as it would provide them with an input tax credit and help rationalize taxes. Al-Thani said India was an important market for Qatar.