Notification to exempt share of Central Government of Profit Petroleum from State tax. - F.12(56)FD/Tax/2017-Pt.-II-170 - Rajasthan SGST

GOVERNMENT OF RAJASTHAN FINANCE DEPARTMENT (TAX DIVISION) NOTIFICATION Jaipur, dated: January 25, 2018 In exercise of the powers conferred by sub-section (1) of section 11 of the Rajasthan Goods and Services Tax Act, 2017 (Act No. 9 of 2017), the State Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the intra-State supply of services by way of grant of license of lease to explore or mine petroleum etude or natural gas or both, from so much of the State tax as is leviable on the consideration paid to the Central Government in the form of Central Government's share of profit petroleum as defined in the contract entered into by the Central Government in this behalf. [F.12(56)FD/Tax/2017-Pt.-II-170] By Order of the Governor (Shankar Lal Kumawat) Joint Secretary to the Government