Ladakh Slashes VAT on Natural Gas to 5% in Major Clean Energy Push
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3 Articles
<p style="text-align: justify;">The Ladakh Union Territory administration has taken a major decision to accelerate the transition to clean energy and reduce energy costs for the people. Under this, a scheme has been launched to provide piped gas to all homes and commercial spaces, and the Value Added Tax (VAT) on natural gas has been reduced from the current 21 percent to just 5 percent.</p> <p style="text-align: justify;">Ladakh LG V.K. Saxena …
Ladakh slashes VAT on Natural Gas to 5% in major clean energy push
Srinagar, Aug 27: In a landmark decision aimed at accelerating the transition to clean energy and easing costs for residents, the Union Territory Administration of Ladakh has drastically reduced the Value Added Tax (VAT) on Natural Gas—covering both Compressed Natural Gas (CNG) and Piped Natural Gas (PNG)—from 21% to just 5%. The policy shift, approved by Lieutenant Governor Ladakh V.K. Saxena following recommendations from the Petroleum and Na…
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