Power Secretary H S Brahma today said the Ministry would soon approach the Finance Ministry for abolition of service tax on power transmission that could benefit end consumers by way of lower tariff.
"We took it up (the issue of abolition of service tax) with the Finance Ministry once but the response was not great. We are going to take it up soon," Brahma told reporters on the sidelines of a CII event here.
In a meeting with the State Power Secretaries yesterday, five states, including Andhra Pradesh, had asked Power Minister Sushil Kumar Shinde to approach the Finance Ministry for abolishing the service tax on power transmission.
At present, a service tax of 12.36 per cent is charged from power transmission companies. The states, however, have been demanding total abolition of the tax.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
