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    <title>Exempts intra-State supplies of goods, Petroleum operations undertaken under specified contracts.</title>
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    <description>Exempts intra-State supplies of listed goods when required for petroleum or coal bed methane operations under specified licences or contracts, subject to state tax limited to an amount not exceeding tax computed at the concessional rate and compliance with conditions. Recipients must produce a certificate from a duly authorised officer of the Directorate General of Hydro Carbons; subcontractors must provide affidavit and principal&#039;s undertaking. Transfers require DGH transfer certificate and undertakings; disposal may attract tax on depreciated value calculated by specified quarterly rates. The List specifies eligible equipment, vessels, consumables and spares. Effective 1 July 2017.</description>
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