Exempted intra-state petroleum and CBM goods: 2.5% state GST cap, subject to certification and transfer conditions. The State allows exempt intra-State supplies of specified goods for petroleum and coal bed methane operations from State GST beyond a capped rate (2.5%), provided supplies are to authorised licensees, contractors or bona fide sub-contractors and supported by DGH certificates, affidavits and undertakings; transfers and disposals are subject to prescribed certification, transfer undertakings and depreciation-based tax payment rules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exempted intra-state petroleum and CBM goods: 2.5% state GST cap, subject to certification and transfer conditions.
The State allows exempt intra-State supplies of specified goods for petroleum and coal bed methane operations from State GST beyond a capped rate (2.5%), provided supplies are to authorised licensees, contractors or bona fide sub-contractors and supported by DGH certificates, affidavits and undertakings; transfers and disposals are subject to prescribed certification, transfer undertakings and depreciation-based tax payment rules.
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