Exempting the intra-state supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas or both. - 05/2018-State Tax (Rate) - Mizoram SGST
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Exemption for intra-state petroleum exploration licenses excludes central tax on government share of profit petroleum consideration. Exemption for the intra-State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas or both, from the portion of central tax leviable on the consideration paid to the Central Government as the Central Government's share of profit petroleum, as defined in the contract; issued under sub section (1) of section 11 of the Mizoram Goods and Services Tax Act, 2017, on the Council's recommendation and in public interest.
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 intra-state petroleum exploration licenses excludes central tax on government share of profit petroleum consideration.
Exemption for the intra-State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas or both, from the portion of central tax leviable on the consideration paid to the Central Government as the Central Government's share of profit petroleum, as defined in the contract; issued under sub section (1) of section 11 of the Mizoram Goods and Services Tax Act, 2017, on the Council's recommendation and in public interest.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.