Tax option for non-serviceable hydrocarbon goods: recipient may pay a reduced GST rate subject to DGH certificate. The amendment inserts petroleum and coal bed methane operations under HELP or OALP into the notification and permits the recipient or transferee, at their option, to pay tax at a reduced rate on goods disposed of in non-serviceable form after mutilation, provided they produce a certificate from a duly authorised officer of the Directorate General of Hydro Carbons to the jurisdictional tax officer confirming the goods are non-serviceable and mutilated before disposal.
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.
Tax option for non-serviceable hydrocarbon goods: recipient may pay a reduced GST rate subject to DGH certificate.
The amendment inserts petroleum and coal bed methane operations under HELP or OALP into the notification and permits the recipient or transferee, at their option, to pay tax at a reduced rate on goods disposed of in non-serviceable form after mutilation, provided they produce a certificate from a duly authorised officer of the Directorate General of Hydro Carbons to the jurisdictional tax officer confirming the goods are non-serviceable and mutilated before disposal.
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