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    <title>Seeks to exempt Central Government’s share of Profit Petroleum from Central tax.</title>
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    <description>Exemption from State tax is granted for intra State supplies of services by way of grant of licence or lease to explore or mine petroleum crude or natural gas, limited to the portion of State tax leviable on the consideration paid to the Central Government described as the Central Government&#039;s share of profit petroleum as defined in the relevant contract.</description>
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