GST on gas: A win-win for both gas transmission cos as well as end-users

Natural gas transmission companies and end users have been clamouring for the inclusion of natural gas in the Good and Services Tax mechanism for a while now. The oil ministry too is favour of the move. Since bringing gas under the GST ambit does not have major revenue implications for the exchequer, Moneycontrol Research sees it as a near term possibility. Such a move would benefit both transmiss…