GST compensation cess may support carbon storage plan2 min read . Updated: 24 Jan 2023, 10:44 PM IST
- The move is expected to be part of the proposed carbon capture utilization and storage policy
- CCUS involves capturing CO2 from polluting industries such as cement, iron and steel
NEW DELHI : The government may use the goods and services tax (GST) compensation cess for a clean energy fund to help access low-cost finance as part of India’s carbon capture utilization and storage (CCUS) policy that is currently in the works, said two people aware of the development.
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