Gas export levy review: Finance forms panel with industry
The Finance Ministry has formed a committee with government and industry members to review the gas export levy and its calculation formula, after exporter concerns.
The Ministry of Finance has formed a committee with government and industry representatives to review the gas levy.
The panel will examine the levy policy and its calculation formula and recommend possible refinements.
Exporters say energy costs, including the captive power gas levy, are hurting their competitiveness.
The Commerce Ministry will compile recommendations for the Prime Minister's consideration.
The sources do not give the levy rate or a deadline for the committee's report.