Please suggest if TCS is applicable on petroleum coke
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Tcs on petroleum coke
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Petroleum Coke (often abbreviated Pet coke or petcoke) is a carbonaceous solid derived from oil refinery coker units or other cracking processes. As such being part of mineral ore, liable for TCS at 1%. But totally exempted when used for the purpose of manufacturing or processing and not trading.
thank you very much sir
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what is the new ruling on TCS for calcined petcoke
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