Coal GST Reforms Boost Self‑Reliance

  Published 6 months ago

GST Council reforms cut coal taxes, remove compensation cess, raise GST to 18%, aiding self-reliance.

  • Compensation cess eliminated, saving ₹13‑₹330 per tonne across G6‑G17 coal grades for producers and consumers.
  • GST increased to 18%, aligning tax rates, removing the inverted duty anomaly for coal companies.
  • Uniform 39.81% tax incidence ensures fairness across grades, supporting Aatmanirbhar Bharat and the import substitution goal.

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