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The central government is considering waiving the Goods and Services Tax (GST) compensation cess of Rs 400 per tonne of coal, which is being used for gasification, as reported by Mint. Gasification is a process by which coal is turned into fuel gas. It is considered to be a greener way to consume fossil fuels.
The report further added that the decision can be announced in the Union Budget 2023-24, the report added. The GST council will take the final decision.
“For any player whether it is Coal India or someone else, Rs 400 (per tonne) extra gets added as
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