A carbon credit is a permit that allows the holding company to release a certain amount of carbon dioxide or other greenhouse gases. One load requires a mass equal to one ton of carbon dioxide to be released.
source https://www.caclubindia.com/articles/taxation-of-carbon-credit-under-section-115bbg-47213.asp
source https://www.caclubindia.com/articles/taxation-of-carbon-credit-under-section-115bbg-47213.asp
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