Oxygen not a 'Raw-Material' for Manufacture of Steel, not Eligible for Concessional Sales Tax Rate
Court :
Supreme Court of India
Brief :
The Hon'ble Supreme Court of India ("the Supreme Court") in the case of State of Jharkhand and Others v. Linde India Limited and Another (Civil Appeal Nos. 8061-8064 of 2022) dated December 02, 2022, held that to qualify as raw material the product must go into and to be found into the end product, goods which are used for ancillary purposes for manufacturing of an end product are not considered as 'raw material', the main function of oxygen in manufacturing steel was to reduce the carbon content, therefore, it can be considered as refining agent but not as raw material. Hence, concessional rate of tax not available on oxygen.
Citation :
Civil Appeal Nos. 8061-8064 of 2022
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Bimal Jain
Published in GST
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