West Asia crisis: Worried by high VAT on PNG, small-scale industries in MP seek rate cut

West Asia crisis: Worried by high VAT on PNG, small-scale industries in MP seek rate cutGSTDated:- 13-5-2026PTIIndore, May 13 (PTI) Micro, small and medium enterprises (MSMEs) in Madhya Pradesh on Wednesday demanded a reduction in the 14 per cent value…

West Asia crisis: Worried by high VAT on PNG, small-scale industries in MP seek rate cut
GST
Dated:- 13-5-2026
PTI
Indore, May 13 (PTI) Micro, small and medium enterprises (MSMEs) in Madhya Pradesh on Wednesday demanded a reduction in the 14 per cent value added tax (VAT) levied on piped natural gas (PNG) for industrial use in the state.

Industry organisations say that fuel prices due to the West Asia crisis have increased production costs for MSMEs, and the high VAT on PNG is putting them at a competitive disadvantage compared to enterprises in neighbouring states.

During the meeting of the Goods and Services Tax (GST) Grievance Redressal Committee held in Indore, the MSME organisation, the Association of Industries Madhy

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