Exemption for State tax on Central Government's share of profit petroleum in intra State exploration and mining leases provided. Exemption from State tax is granted for intra State supplies of services by way of grant of licence or lease to explore or mine petroleum crude or natural gas, limited to the portion of State tax leviable on the consideration paid to the Central Government described as the Central Government's share of profit petroleum as defined in the relevant contract.
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.
Exemption for State tax on Central Government's share of profit petroleum in intra State exploration and mining leases provided.
Exemption from State tax is granted for intra State supplies of services by way of grant of licence or lease to explore or mine petroleum crude or natural gas, limited to the portion of State tax leviable on the consideration paid to the Central Government described as the Central Government's share of profit petroleum as defined in the relevant contract.
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