Can we avail the benefit of FO Duty Paid which is using for heating process of our Final Product...consider the heating process is the main one..
Furnace Oil
alpesh makwana
Furnace oil duty credit can be claimed when the oil is used in the main heating process of production. The benefit of furnace oil duty paid can be availed where the furnace oil is used in the heating process that is integral to manufacture of the final product; the heating process is treated as the primary operation and reliance is placed on Solaris Chemtech Ltd. (AI Summary)
TaxTMI
TaxTMI