Natural gas taxation: reduced rate for sales to registered industrial units for manufacture, subject to prescribed certificate. The notification substitutes Schedule IV entry 8(a) to provide that natural gas other than CNG sold to an industrial unit or dealer registered under state GST or state VAT for use in the process of manufacture of taxable goods, when supplied against the certificate prescribed by the Commissioner, is taxable at a concessional rate. The point of taxation is the Manufacturer or Importer.
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.
Natural gas taxation: reduced rate for sales to registered industrial units for manufacture, subject to prescribed certificate.
The notification substitutes Schedule IV entry 8(a) to provide that natural gas other than CNG sold to an industrial unit or dealer registered under state GST or state VAT for use in the process of manufacture of taxable goods, when supplied against the certificate prescribed by the Commissioner, is taxable at a concessional rate. The point of taxation is the Manufacturer or Importer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
