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
Most Welcome
what is the new ruling on TCS for calcined petcoke
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