TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Government Accepts Tribunal Ruling: Excise Duty on LPG Stock Transfers Based on Lower Packed Price for Domestic Use.</h1> The circular addresses the ongoing disputes regarding excise duty on LPG bulk movements for stock transfers to bottling plants. The disagreement centers on whether duty should be charged based on the bulk price or the lower packed price for domestic use, as fixed by the Oil Co-ordination Committee (OCC). The Tribunal ruled in favor of assessing duty at the lower packed price. The Supreme Court suggested resolving the issue between the Department of Revenue and the Ministry of Petroleum. The government decided to accept the Tribunal's decision, with conditions on refunds and differential duty payments, and moved to withdraw its appeal. This decision will apply to similar disputes.
TaxTMI 
TaxTMI 
