https://www.taxtmi.com/notifications?id=132936 The notification adds conditions requiring certificates that no foreign exchange remittance was made when transferees undertake transfers on behalf of licensees, lessees or foreign contractors, except where the transferee is an Indian company. It permits a recipient or transferee disposing exempted petroleum or coal bed methane goods to pay tax on the depreciated value upon producing a certificate from a duly authorised officer of the Directorate General of Hydrocarbons confirming the goods are no longer required, with depreciated value calculated by specified straight-line quarterly rates and subject to a maximum cap. Effective 1 July 2019. en-us Mon, 30 Dec 2019 00:00:00 +0530 Thu, 21 May 2020 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=132936 The notification adds conditions requiring certificates that no foreign exchange remittance was made when transferees undertake transfers on behalf of licensees, lessees or foreign contractors, except where the transferee is an Indian company. It permits a recipient or transferee disposing exempted petroleum or coal bed methane goods to pay tax on the depreciated value upon producing a certificate from a duly authorised officer of the Directorate General of Hydrocarbons confirming the goods are no longer required, with depreciated value calculated by specified straight-line quarterly rates and subject to a maximum cap. Effective 1 July 2019. Notifications GST - States Mon, 30 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=132936