📷 Image: Wikimedia Commons / Diego Delso
Business
THINK Gas CEO meets Madhya Pradesh CM to seek VAT cut on natural gas
✍️ Business Standard
🗓 23 Oct 2026, 03:03 AM
👁 20
THINK Gas Managing Director and CEO met the Chief Minister of Madhya Pradesh to discuss a possible reduction in value‑added tax on natural gas supplies.
THINK Gas, a leading natural gas marketer, sent its Managing Director and Chief Executive Officer to Madhya Pradesh for talks with the state’s Chief Minister. The purpose of the meeting was to explore the feasibility of lowering the value‑added tax (VAT) levied on natural gas, a move the company says could make the fuel more affordable for industrial and residential users.
During the discussion, the company highlighted that a reduced VAT rate would lower the end‑user price, potentially boosting consumption and supporting the state’s energy security goals. The Chief Minister acknowledged the proposal and indicated that the state government would review the tax structure in line with broader fiscal policies.
Both parties agreed to continue the dialogue, with THINK Gas offering data on price impacts and the government promising a detailed assessment before any legislative change. The meeting reflects ongoing efforts across Indian states to balance revenue considerations with the need to keep essential energy costs low.
During the discussion, the company highlighted that a reduced VAT rate would lower the end‑user price, potentially boosting consumption and supporting the state’s energy security goals. The Chief Minister acknowledged the proposal and indicated that the state government would review the tax structure in line with broader fiscal policies.
Both parties agreed to continue the dialogue, with THINK Gas offering data on price impacts and the government promising a detailed assessment before any legislative change. The meeting reflects ongoing efforts across Indian states to balance revenue considerations with the need to keep essential energy costs low.