LNG Regasification Service Classified as Job Work, GST @12%: AAR Gujarat

In re  Bharat Petroleum Corporation Ltd. (GST AAR Gujarat) Bharat Petroleum Corporation Ltd. (BPCL), involved in the refining and marketing of petroleum products and the re-gasification of Liquefied Natural Gas (LNG), sought an advance ruling from the Gujarat Authority for Advance Ruling (AAR) regarding the Goods and Services Tax (GST) implications of its LNG re-gasification services for GAIL (India) Ltd. BPCL has an existing agreement with Petronet LNG Ltd. (PLL) for re-gasification, under which PLL performs job work on LNG owned by BPCL. This arrangement had previously been confirmed as a j...