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Tax treatment on petroleum products, VAT + CST

Issue Id: - 117178
Dated: 21-4-2021
By:- vignesh VSACCOUNTOPRIVATELIMITED

Tax treatment on petroleum products


  • Contents

sir. kindly clarrify. Query on Petrol bunk business- 1. dealer get petrol from Bharath petroleum and he makes sale and realise profit- is it taxable under VAT 2. commission received from Barath petroleum on sales of petrol - taxable or not?

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Page: 1


1 Dated: 21-4-2021
By:- KASTURI SETHI

Answer to query no.2 : Commission earned on account of non-GST goods is not taxable under GST. Such commission is not against taxable supply.


Page: 1

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