Mining and quarrying exclusion clarifies mineral oil is excluded from section 206C, covering petroleum and natural gas. Two explanatory provisions were added to section 206C(1C) effective 1 June 2007: mining and quarrying does not include activities involving mineral oil, ... Summary
Mining and quarrying exclusion clarifies mineral oil is excluded from section 206C, covering petroleum and natural gas.
Two explanatory provisions were added to section 206C(1C) effective 1 June 2007: mining and quarrying does not include activities involving mineral oil, and mineral oil is defined to include petroleum and natural gas, thereby narrowing the scope of the "mining and quarrying" category for the withholding provision.
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