GST classification: petroleum oils and preparations now taxable, affecting waste oils and Avgas supply chains under revised schedule. The Schedule II entry brings petroleum oils and oils obtained from bituminous minerals, preparations containing seventy percent or more of such oils, waste oils and Avgas within the GST classification, while excluding kerosene PDS, petrol, diesel and ATF; the amendment operates under the linked IGST rate notification effective from the stated implementation date.
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.
GST classification: petroleum oils and preparations now taxable, affecting waste oils and Avgas supply chains under revised schedule.
The Schedule II entry brings petroleum oils and oils obtained from bituminous minerals, preparations containing seventy percent or more of such oils, waste oils and Avgas within the GST classification, while excluding kerosene PDS, petrol, diesel and ATF; the amendment operates under the linked IGST rate notification effective from the stated implementation date.
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 
