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    <description>A concessional Puducherry SGST rate of 2.5% applies to goods in the annexed List when supplied for specified petroleum exploration, production or CBM operations under nominated licences or specified contracts, subject to conditions: production of a DGHC certificate by licencees, contractors or sub contractors at the time of supply; sub contractor affidavits and undertakings; transfer certification and undertakings for transferees; and payment on depreciated value if goods are disposed of, computed by prescribed straight line quarterly rates up to a 70% cap.</description>
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