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of <h1>GST Clarification: Refineries Pay Tax Only on SKO Retained for LAB; Applies Since October 26, 2017.</h1> The circular clarifies the applicability of GST on superior kerosene oil (SKO) used in manufacturing Linear Alkyl Benzene (LAB). LAB manufacturers receive SKO from refineries, retain 15-17% for extracting n-Paraffin, and return 83-85% to the refinery. The GST Council decided that GST is payable by the refinery only on the net quantity of SKO retained for LAB production. If the remaining SKO is supplied to another party, the refinery must pay GST on that quantity. This clarification is effective from October 26, 2017, and pertains solely to GST law.
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