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of <h1>Goa Exempts Certain Goods for Petroleum Operations from State Tax Under GST Act 2017, Effective July 1.</h1> The Government of Goa, under the Goa Goods and Services Tax Act, 2017, exempts intra-State supplies of specified goods from state tax exceeding the rate specified in a detailed table. This exemption applies to goods used in petroleum operations under various policies and contracts, including the New Exploration Licensing Policy and the Marginal Field Policy. Conditions for exemption require certificates from authorized officers confirming the necessity of goods for petroleum operations. The notification lists specific goods eligible for exemption, such as seismic survey equipment, drilling rigs, marine vessels, and oil field chemicals, and outlines the conditions for their supply and transfer. This notification is effective from July 1, 2017.
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