Tax option for non-serviceable petroleum goods allowed with certificate from Directorate General of Hydrocarbons and officer approval. Insertion adds petroleum and coal bed methane operations under HELP or OALP to the listed activities and permits an option for recipients or transferees to pay tax on non-serviceable goods disposed after mutilation at a concessional rate, conditional on producing a certificate from an authorised officer of the Directorate General of Hydro Carbons to the appropriate Deputy or Assistant Commissioner of Central or State Tax having jurisdiction over the supplier.
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 petroleum goods allowed with certificate from Directorate General of Hydrocarbons and officer approval.
Insertion adds petroleum and coal bed methane operations under HELP or OALP to the listed activities and permits an option for recipients or transferees to pay tax on non-serviceable goods disposed after mutilation at a concessional rate, conditional on producing a certificate from an authorised officer of the Directorate General of Hydro Carbons to the appropriate Deputy or Assistant Commissioner of Central or State Tax having jurisdiction over the supplier.
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