Auto LPG trade wants GST cut to 5%

The Indian Auto LPG Coalition (IAC) has urged the central government to reduce the goods and services tax (GST) on auto LPG from 18 per cent to 5 per cent.

The industry body pointed out that Andhra Pradesh’s recent reduction of Value-Added Tax (VAT) on natural gas from 24.5 per cent to 5 per cent has brought down CNG prices, which is expected to impact other clean automotive fuels like auto LPG.

“In light of this, the IAC, representing the auto LPG industry in India, has called upon the Central Government to provide a level playing field by reducing tax on auto LPG from 18 per cent to 5 per cent GST, aiming to ensure a fair and competitive market environment,” it said.

Source : https://www.thehindubusinessline.com/economy/auto-lpg-trade-wants-gst-cut-to-5/article67898748.ece