Exempts 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 - 5/2018 – State Tax (Rate) - Telangana SGST
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Exemption for intra State supply of exploration licences removes state tax on consideration paid as government's share of profit petroleum. Exempts intra-State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas from State Tax to the extent of the consideration paid to the Government as the Government's share of profit petroleum, with effect from the stated commencement date in the notification.
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 supply of exploration licences removes state tax on consideration paid as government's share of profit petroleum.
Exempts intra-State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas from State Tax to the extent of the consideration paid to the Government as the Government's share of profit petroleum, with effect from the stated commencement date in the notification.
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