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of <h1>GST Clarification: Refineries Must Pay GST on Net Petroleum Gases Retained by Manufacturers, Not Total Supplied Quantity.</h1> The circular addresses the applicability of GST on petroleum gases used in manufacturing petrochemical and chemical products. It clarifies that GST should be paid by refineries on the net quantity of petroleum gases retained by manufacturers, not on the total quantity supplied. This decision follows the GST Council's recommendation and applies to cases where feedstock is retained by recipients and the remainder is returned to suppliers. The clarification is specific to GST law and does not affect past issues, which will be handled according to the laws in effect at the time.
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