Exemption for intra State petroleum supplies reduces state GST liability where prescribed certificates and conditions are met. Exempts intra State supplies of goods specified in the annexed List used in petroleum and coal bed methane operations from state tax exceeding the rate specified in the Table, subject to conditions. The exemption applies when supplied to licensees, contractors or their sub contractors engaged under nomination or specified contracts and requires production of certificates from the Directorate General of Hydrocarbons, affidavits and undertakings; transfers and disposals are governed by additional certification, undertaking and depreciated value tax payment rules.
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Provisions expressly mentioned in the judgment/order text.
Exemption for intra State petroleum supplies reduces state GST liability where prescribed certificates and conditions are met.
Exempts intra State supplies of goods specified in the annexed List used in petroleum and coal bed methane operations from state tax exceeding the rate specified in the Table, subject to conditions. The exemption applies when supplied to licensees, contractors or their sub contractors engaged under nomination or specified contracts and requires production of certificates from the Directorate General of Hydrocarbons, affidavits and undertakings; transfers and disposals are governed by additional certification, undertaking and depreciated value tax payment rules.
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