Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Himachal Pradesh clarifies GST on petroleum gases: Tax only on net quantity retained by manufacturers, not total supplied.</h1> The Himachal Pradesh Excise and Taxation Department issued a clarification regarding the applicability of GST on petroleum gases used in manufacturing petrochemical and chemical products. The GST Council recommended that the refinery should pay GST only on the net quantity of petroleum gases retained by manufacturers, not on the total quantity supplied. This applies when petroleum gases are supplied continuously through pipelines, with some retained by manufacturers and the rest returned to refineries. The clarification is effective from August 9, 2018, and applies to similar supply cases where feedstock is retained by recipients.