Activity of re-gasification of LNG owned customers, amounts to rendering of service by job work

In re Petronet LNG Ltd. (GST AAR Gujarat) Activity of re-gasification of LNG owned customers, amounts to rendering of service by job work The AAR, Gujarat in the matter of M/s. Petronet LNG Ltd. [Advance Ruling No. GUJ/GAAR/R/40/2021 dated August 11, 2021] held that, assessee’s activity of re-gasification of LNG owned by its customers, amounts to rendering of service by Job Work and leviable to GST @ 12%. Facts: M/s. Petronet LNG Ltd. (“the Applicant”) provides regasification services to its customers on the Liquefied Natural Gas (“LNG”) owned by the customers, referred as ‘Tol...