Clarification regarding applicability of GST on Polybutylene feedstock and Liquefied Petroleum Gas retained for the manufacture of Poly Iso Butylene and Propylene or Di-butyl para Cresol.
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GST on retained feedstock payable by refinery; returned quantities taxable when re-supplied to other persons. GST on continuous pipeline supplies of Liquefied Petroleum Gas and Polybutylene feedstock is payable by the refinery only on the net quantity retained by the manufacturer for the manufacture of Poly Iso Butylene and Propylene or Di-butyl para Cresol; returned quantities are not taxed in that transaction but will attract GST when the refinery supplies them to any other person.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST on retained feedstock payable by refinery; returned quantities taxable when re-supplied to other persons.
GST on continuous pipeline supplies of Liquefied Petroleum Gas and Polybutylene feedstock is payable by the refinery only on the net quantity retained by the manufacturer for the manufacture of Poly Iso Butylene and Propylene or Di-butyl para Cresol; returned quantities are not taxed in that transaction but will attract GST when the refinery supplies them to any other person.
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