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    <description>Exempts intra State supplies of goods listed in the Annexure used for petroleum or coal bed methane operations from state GST to the extent tax exceeds an amount calculated at a specified rate, provided recipients or subcontractors produce at the time of supply a Directorate General of Hydrocarbons certificate (and where applicable affidavits and undertakings). Transfers require DGHC authorisation and compliance undertakings. Disposal of exempt goods may attract tax on depreciated value computed by prescribed quarterly rates, subject to documentary proof that goods are no longer required for operations.</description>
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