- A notification was issued to reduce the VAT rate on CNG and PNG.
- The new rate will be effective from March 17.
- The decision will benefit the public, investors, and entrepreneurs.
- The VAT rate on CNG and PNG was reduced from 10% to 7.5%.
Source: firstindia.co.in
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.