AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Home / 
Legislature Confirms Diesel as Raw Material in Section 2(34), Impacting Concessional Taxation Regardless of Manufacturing Use.
X X X X Extracts X X X X
X X X X Extracts X X X X
....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....