VAT on electricity: Govt to hold extensive dialogue with Organised Labour – Finance Ministry

The government has decided to hold an extensive dialogue with Organised Labour and other key stakeholders in the coming weeks on the proposed VAT on electricity for residential customers, the Ministry of Finance has said.

This is to ensure a stakeholder buy-in, a statement issued by the Ministry of Finance on Tuesday evening [January 30, 2024] said.

Organised Labour has raised concerns about the government’s decision to implement the VAT on electricity consumption for residential customers.

“The Ministry of Finance has noted the concerns of Organised Labour on the implementation of VAT on the consumption of electricity by residential customers.

Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks, to ensure stakeholder buy-in,” the Ministry ‘s statement said.

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