Oxygen Gas not a Raw Material for Manufacture of Steel- SC

State of Jharkhand Vs Linde India Limited (Supreme Court of India)

Whether oxygen which is used in the production of steel can be said to be a raw material and thus eligible for concessional rate of tax @ 1% instead of normal rate of 3% under the Bihar Finance Act.

An interesting issue arose in this case where Linde India Limited claimed that the oxygen which is supplied by it to Tata Steel limited for production of steel is a raw material and is thus eligible for the concessional rate of tax @ 1% whi

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