Business Standard

State may slash sales tax on gas

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Joydeep Ray Ahmedabad
 Faced with consistent and strong representations from the gas and power producing companies in the state, the government is likely to review the 20 per cent sales tax on natural gas.

 Operators of the two major upcoming LNG projects and even the government-owned Gujarat Electricity Board (GEB) have been demanding a reduction in the sales tax.

 The government is expected to sort out the issue during the next budget.

 

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First Published: Nov 05 2003 | 12:00 AM IST

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