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of <h1>Rajasthan Exempts Central Government's Share of Profit Petroleum from State GST under Rajasthan GST Act, 2017.</h1> The Government of Rajasthan, under the authority of the Rajasthan Goods and Services Tax Act, 2017, has issued a notification exempting the Central Government's share of profit petroleum from state tax. This exemption applies to intra-State services related to licenses or leases for exploring or mining petroleum crude or natural gas. The exemption is granted on the consideration paid to the Central Government as its share of profit petroleum, as specified in contracts. This decision is made in the public interest and follows the recommendations of the relevant Council.
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