Taxability of natural gas: revised VAT rates and Form-D applicability clarified for industrial users under state law. Following State amendments, the applicability of Form D for natural gas other than CNG has been terminated and taxability is governed by the revised Schedule 4 classifications distinguishing supplies for chemical fertilizer manufacture, other industrial manufacturing uses, and other natural gases; assessing officers must complete assessments only after obtaining all required proofs under this legal position.
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Provisions expressly mentioned in the judgment/order text.
Taxability of natural gas: revised VAT rates and Form-D applicability clarified for industrial users under state law.
Following State amendments, the applicability of Form D for natural gas other than CNG has been terminated and taxability is governed by the revised Schedule 4 classifications distinguishing supplies for chemical fertilizer manufacture, other industrial manufacturing uses, and other natural gases; assessing officers must complete assessments only after obtaining all required proofs under this legal position.
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