https://www.taxtmi.com/circulars?id=70899 GST on continuous supplies of petroleum gases is payable by the refinery on the value of the net quantity retained by the recipient manufacturer for producing petrochemical and chemical products. Where residual material is returned to the refinery, net billing corresponds to the quantity retained. GST on the returned quantity arises when the refinery subsequently supplies it to another person. This treatment applies correspondingly to other supplies in which feedstock is retained and residual material is returned, while past issues remain governed by the law applicable at the relevant time. en-us Thu, 09 Aug 2018 00:00:00 +0530 Sat, 22 Aug 2026 11:16:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70899 GST on continuous supplies of petroleum gases is payable by the refinery on the value of the net quantity retained by the recipient manufacturer for producing petrochemical and chemical products. Where residual material is returned to the refinery, net billing corresponds to the quantity retained. GST on the returned quantity arises when the refinery subsequently supplies it to another person. This treatment applies correspondingly to other supplies in which feedstock is retained and residual material is returned, while past issues remain governed by the law applicable at the relevant time. Circulars GST - States Thu, 09 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70899