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VAT on Transfer of Methanol

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Querist : Anonymous

Querist : Anonymous (Querist)

07 February 2010 A concern is transfering Methanol to its Sister concern with in Punjab which is used for manufacturing of urea as input .Urea being exempted from VAT. It may please be clarified whether VAT is chargeable on transfer of Methanol?.

Kamal Aggarwal

Kamal Aggarwal (Expert)

08 February 2010 It is not clear from your query from which State Methanol would be transferred and what would be the mode of transfer.

Querist : Anonymous

Querist : Anonymous (Querist)

09 February 2010 Kamal Sir , we are transfering methanol through tankers by road from Nangal(Punjab) to Bhatinda (Punjab), both are units of a Company.

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