Central Governments share of profit petroleum intra-State supply of services by way of grant of license or lease to explore or mine petroleum crude or natural gas or both. - F.1-11(91)-TAX/GST/2018(Part)-05/2018-State Tax (Rate) - Tripura SGST

GOVERNMENT OF TRIPURA FINANCE DEPARTMENT (TAXES EXCISE) No.F.1-11(91)-TAX/GST/2018(Part) Dated, Agartala, the 21st February, 2018 Notification No. 5/2018-State Tax (Rate) In exercise of the powers conferred b} sub-section (1) of section 11 of the Tripura Goods and Services Tax Act, 2017 (Tripura 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 or lease to explore or mine petroleum crude or natural gas or both, from so much or 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. By order of the Governor, (Dr. B. Kaur, IAS) Joint Secretary Finance Department Government of Tripura