Itc on Base Oil

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1 Points Posted on 17 August 2020
Can Input tax credit be availed on Base Oil bearing HSN CODE 27101960
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On 17 August 2020 at 22:06 Report
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229 Points Posted on 17 August 2020
Yes u can take ITC on the base oil provided same is used to manufacture products including lubricating greases, motor oil etc (business purpose)
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On 17 August 2020 at 22:57

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