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Gst on licence fee recovery by petroleum co.


28 April 2018 What % applicable on Licence Fee Recovery by Petroleum Co e.g HP,IOCL.BP. from the Petrol pump Dealer (Retail Outlet) ?

ITC available GST Paid on such LICENCE FEE RECOVERY ?

Let me know in detail if possible

Thanks



29 April 2018 why would you take ITC if you are supplying non taxable petroleum products ?

01 May 2018 Thanks for your reply sir but kindly can u reply me in details...




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