2.5% concessional Tripura State Goods and Services Tax rate for supplies to Exploration and Production notified.

2.5% concessional Tripura State Goods and Services Tax rate for supplies to Exploration and Production notified. https://www.taxtmi.com/notifications?id=121162 A concessional Tripura SGST rate applies to intra State supplies of goods in the annexed List used for petroleum exploration, production and coal bed methane operations under specified licences, leases or contracts, limiting state tax to the amount calculated at the concessional rate. Eligibility requires a DGH certificate at the time of supply; subcontractors must produce additional affidavit and principal's undertaking. Transfers need DGH transfer certification and undertakings, and disposals may be taxed on depreciated value computed by a prescribed straight line quarterly schedule. en-us Thu, 29 Jun 2017 00:00:00 +0530 Fri, 27 Oct 2017 11:30:00 +0530 TaxTMI RSS Generator 2.5% concessional Tripura State Goods and Services Tax rate for supplies to Exploration and Production notified. https://www.taxtmi.com/notifications?id=121162 A concessional Tripura SGST rate applies to intra State supplies of goods in the annexed List used for petroleum exploration, production and coal bed methane operations under specified licences, leases or contracts, limiting state tax to the amount calculated at the concessional rate. Eligibility requires a DGH certificate at the time of supply; subcontractors must produce additional affidavit and principal's undertaking. Transfers need DGH transfer certification and undertakings, and disposals may be taxed on depreciated value computed by a prescribed straight line quarterly schedule. Notifications GST - States Thu, 29 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=121162