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GST muddle and low GRMs are going to hit oil companies hard
Jul 10:
Under GST, oil upstream companies and OMCs will be unable to claim the input GST credit on procurement of machinery and services as a majority products are excluded from GST regime.
8But clarity on the subject is now expected as much from the government as also from the oil companies
8Also find out more how GRM are going to be lower for oil marketing companies and that will not just because of inventory loss
Click on Reports for a detailed company-wise outlook
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8But clarity on the subject is now expected as much from the government as also from the oil companies
8Also find out more how GRM are going to be lower for oil marketing companies and that will not just because of inventory loss
Click on Reports for a detailed company-wise outlook
