GST exemption amendment expands petroleum and coal bed methane operations coverage while setting conditions for mutilated non-serviceable goods disposal. Amendment to an exemption notification under the Uttarakhand Goods and Services Tax Act, 2017 extends the specified entry to petroleum operations or coal bed methane operations under specified contracts under the Hydrocarbon Exploration Licensing Policy or Open Acreage Licensing Policy. It also allows tax at a prescribed rate on the transaction value of non-serviceable goods disposed of after mutilation, subject to production of a certificate from a duly authorised officer of the Directorate General of Hydro Carbons confirming non-serviceability and mutilation for 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.
GST exemption amendment expands petroleum and coal bed methane operations coverage while setting conditions for mutilated non-serviceable goods disposal.
Amendment to an exemption notification under the Uttarakhand Goods and Services Tax Act, 2017 extends the specified entry to petroleum operations or coal bed methane operations under specified contracts under the Hydrocarbon Exploration Licensing Policy or Open Acreage Licensing Policy. It also allows tax at a prescribed rate on the transaction value of non-serviceable goods disposed of after mutilation, subject to production of a certificate from a duly authorised officer of the Directorate General of Hydro Carbons confirming non-serviceability and mutilation for disposal.
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