Utilities to get ₹6,000 cr. relief due to GST on coal

Changes in the tax structure on coal following the introduction of GST would translate to a ₹6,000 crore relief to the power sector, a senior Coal India Ltd. (CIL) official told shareholders on Thursday. Asked about the impact of demonetisation and GST at the company’s annual general meeting, CIL’s Director Finance C.K. Dey said there had not been much of an impact due to demonetisation as payment…