India exempts LNG regasification and transport services from service tax under Notification No. 17/2015-ST until April 2017.
The Government of India, through Notification No. 17/2015-ST, exempts taxable services under the Power System Development Fund Scheme from service tax. This exemption applies to services related to the re-gasification of imported Liquefied Natural Gas (LNG) by the Gas Authority of India Limited (GAIL) and the transportation of Re-gasified Liquefied Natural Gas (RLNG) to specified power plants. Conditions include the appointment of GAIL and Gujarat State Petroleum Corporation Limited as RLNG operators, and specific certifications must be produced to qualify for the exemption. The exemption is not applicable for captive generating plants and is valid until April 1, 2017.
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