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Reg. c form

This query is : Resolved 

28 June 2017 Sir,

I came to know that the petroleum products are not covered under GST. But, we are buying a petroleum product from IOCL with 2% of CST against C form. Now, i want to know what will be the tax % after GST implemented for petroleum product Whether it will be 2% or 5%. Shall we take input credit this tax part in our GST? Kinldy explain in detail.

28 June 2017 After GST implemented for petroleum product it will be 2% no change. Input credit of this tax part can't be taken in your GST


28 June 2017 Sir,

Thank you So Much for your explanation.


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