Hdo, ldo and motor spirit - inclusions.
This query is : Resolved
11 October 2011
Whether following items are covered under the meaning of HDO, LDO, and Motor Spirit :
1.Furnace Oil
2.High Flash High Speed Diesel Oil (HFHSD)
The assesse is a output service provider who uses these inputs as fuel for the ships which are used to provide output service.
If the above two items are not considered either as HDO or LDO or Motor Spirit, then I can think of claiming Input Credit.
thanks.
1.Furnace Oil
2.High Flash High Speed Diesel Oil (HFHSD)
The assesse is a output service provider who uses these inputs as fuel for the ships which are used to provide output service.
If the above two items are not considered either as HDO or LDO or Motor Spirit, then I can think of claiming Input Credit.
thanks.
14 October 2011
High Flash High Speed Diesel [HFHSD]
It meets same specification as for HSD except that, in case of HFHSD, flash point is stipulated as minimum 66 deg. C, against 320 C, for normal HSD. This is specially recommended for use in diesel engines for Naval applications and Merchant Navy. This is also used by fisheries department for their fishing trawlers and by ONGC.
http://www.bharatpetroleum.com/EnergisingBusiness/FIP_Fuels.aspx?id=1
It meets same specification as for HSD except that, in case of HFHSD, flash point is stipulated as minimum 66 deg. C, against 320 C, for normal HSD. This is specially recommended for use in diesel engines for Naval applications and Merchant Navy. This is also used by fisheries department for their fishing trawlers and by ONGC.
http://www.bharatpetroleum.com/EnergisingBusiness/FIP_Fuels.aspx?id=1
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- Transporter Declaration form
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Copyright software
- FORM 26A APPLICABILITY
- Tds UNDER SECTION 195 INTEREST PAID TO NRI DIRECTOR
- Clarification on TDS Applicability
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
