FBT on petrol used for motor pump at site
This query is : Resolved
Hanmantu N.Sai
(Querist)
16 May 2008
I want to know whether the petrol using for running of motor pump at construction site attracts FBT?
CA Hemant T Dewani
(Expert)
16 May 2008
no petrol used in four wheeler is liable for fbt
Hanmantu N.Sai
(Querist)
16 May 2008
Sir, is there provision of FBT for petrol used for two wheeler?
tarunmuradia
(Expert)
16 May 2008
The Expenditure liable for FBT is the running and maintenance expense of Motor Car. The usage of petrol for motor pump is not liable.
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