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Clarification regarding the applicability of GST on petroleum gases retained for the manufacture of petrochemical and chemical products

The Central Board of Indirect Taxes and Customs Vide Circular No. 53/27/2018-GST dated 09/08/2018 has clarified that:- In cases where petroleum gases are supplied by oil refineries to manufacturers on a continuous basis through dedicated pipelines, GST will be payable by the refinery only on the value of net quantity of petroleum gases retained for the manufacture of petrochemical and chemical products.