LPG used as fuel in automobiles or Auto LPG, which is among the cleanest alternative fuels with a Global Warming Potential of 'zero' is currently taxed at 18 percent GST
The association urged that the government should provide a level playing field to other cleaner gaseous fuels like Auto LPG as well. Rather than subsidies, the government should provide simple policy-level interventions like lowering GST for Auto LPG, it said.
State-owned oil firms have hiked auto LPG prices by Rs 6 per litre, the third increase this year.
In an interview with CNBC-TV18’s Reema Tendulkar and Sonia Shenoy, Nitin Khara, CMD of Confidence Petroleum spoke about the latest happenings in his company and the road ahead.