https://www.taxtmi.com/circulars?id=57314 GST is payable by the refinery only on the net quantity of petroleum gases retained by the recipient manufacturer for manufacture of petrochemical and chemical products; the refinery will be liable to pay GST on the returned quantity only when that returned quantity is supplied by it to any other person. This clarification applies mutatis mutandis to other feedstock arrangements where part is retained and the residual is returned, and net billing is to be on the amount retained by the recipient. en-us Mon, 13 Aug 2018 00:00:00 +0530 Sat, 18 Aug 2018 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57314 GST is payable by the refinery only on the net quantity of petroleum gases retained by the recipient manufacturer for manufacture of petrochemical and chemical products; the refinery will be liable to pay GST on the returned quantity only when that returned quantity is supplied by it to any other person. This clarification applies mutatis mutandis to other feedstock arrangements where part is retained and the residual is returned, and net billing is to be on the amount retained by the recipient. Circulars GST - States Mon, 13 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57314