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    <title>Seeks to amend notification No. 3/2017 [FTX.56/2017/16 dtd. 29-06-2017],</title>
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    <description>The amendment inserts a covered entry for petroleum operations and coal bed methane operations under specified contracts within the Hydrocarbon Exploration Licensing Policy or Open Acreage Licensing Policy. It also revises the disposal condition for non-serviceable mutilated goods by permitting tax at 9% on transaction value, subject to a certificate from a duly authorised Directorate General of Hydro Carbons officer being produced before the jurisdictional tax officer. The notification is retrospective from 1 October 2019.</description>
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      <description>The amendment inserts a covered entry for petroleum operations and coal bed methane operations under specified contracts within the Hydrocarbon Exploration Licensing Policy or Open Acreage Licensing Policy. It also revises the disposal condition for non-serviceable mutilated goods by permitting tax at 9% on transaction value, subject to a certificate from a duly authorised Directorate General of Hydro Carbons officer being produced before the jurisdictional tax officer. The notification is retrospective from 1 October 2019.</description>
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