The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that, GST will be payable by the refinery only on the net quantity of petroleum gases retained by the recipient manufacturer for the manufacture of petrochemical and chemical products. In the Circular issued by the department, It reiterated that clarifications on similar […]
The post GST payable on Net Quantity of Petroleum Gases retained for Manufacture of Petrochemical and Chemical Products, says CBIC [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.
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