Legislature Confirms Diesel as Raw Material in Section 2(34), Impacting Concessional Taxation Regardless of Manufacturing Use. https://www.taxtmi.com/highlights?id=18152 Concessional Rate of Taxation - as diesel is specifically and intentionally included in the definition of raw material u/s 2 (34) by the legislature, the question that whether it is directly or indirectly used in the process of manufacture is irrelevant - HC en-us Mon, 14 Apr 2014 05:17:48 +0530 Mon, 14 Apr 2014 05:17:48 +0530 TaxTMI RSS Generator Legislature Confirms Diesel as Raw Material in Section 2(34), Impacting Concessional Taxation Regardless of Manufacturing Use. https://www.taxtmi.com/highlights?id=18152 Concessional Rate of Taxation - as diesel is specifically and intentionally included in the definition of raw material u/s 2 (34) by the legislature, the question that whether it is directly or indirectly used in the process of manufacture is irrelevant - HC Highlights VAT and Sales Tax Mon, 14 Apr 2014 05:17:48 +0530 https://www.taxtmi.com/highlights?id=18152