Amendment in Notification G.O.(P) No.64/2017/TAXES, dated 30th June, 2017 - S R.O. No. 834/2019 - Kerala SGST

GOVERNMENT OF KERALA Taxes (B) Department NOTIFICATION G.O.(P)No.172/2019/TAXES. Dated, Thiruvananthapuram, 8th November, 2019 22nd Thulam, 1195 S. R. O. No. 834/2019 In exercise of the powers conferred by sub-section (1) of section 9 of the Kerala State Goods and Services Tax Act, 2017 (20 of 2017), the Government of Kerala, on the recommendations of the Council, hereby make the following amendments in the notification issued under G.O.(P) No.64/2017/TAXES, dated 30th June, 2017 and published as S.R.O. No.362/2017 in the Kerala Gazette Extraordinary No. 1352 dated 30th June, 2017, namely: - In the said notification, - (I) in the TABLE, in column (3), after item (5), the following item shall be inserted, namely: - (6) Petroleum operations or coal bed methane operations undertaken under specified contracts under the Hydrocarbon Exploration Licensing Policy (HELP) or Open Acreage Licensing Policy (OALP) ; (II) in the ANNEXURE, against Condition No. 1, in clause (e), the following proviso shall be inserted at the end, namely: - Provided that where the said goods so supplied are sought to be disposed of in non-serviceable form, after mutilation, the recipient of outward supply or the transferee, as the case may be, may at his option, pay the tax at the rate of 9 per cent. on transaction value of such goods subject to the condition that the recipient of outward supply or the transferee, as the case may be, produces before the Deputy Commissioner of State tax or the Assistant Commissioner of State tax or State Tax Officer or the Deputy Commissioner of Central tax or the Assistant Commissioner of Central tax, as the case may be, having jurisdiction over the supplier of goods, a certificate from a duly authorised officer of the Directorate General of Hydro Carbons in the Ministry of Petroleum and Natural Gas, Government of India, to the effect that the said goods are non-serviceable and have been mutilated for disposal. . 2. This notification shall be deemed to have come into force on the 1st October, 2019. By order of the Governor, MANOJ JOSHI., Additional Chief Secretary to Government. Explanatory Note (This does not form part of the notification, but is intended to indicate its general purport.) Government had notified certain goods, for which the State tax leviable in excess of five per cent shall be exempted, subject to certain conditions as per the notification issued under G.O.(P) No.64/2017/TAXES, dated 30th June, 2017 and published as S.R.O. No.362/2017 in the Kerala Gazette Extraordinary No.1352 dated 30th June, 2017. Now the Government have decided to notify the goods specified in connection with Petroleum operations or coal bed methane operations undertaken under specified contracts under the Hydrocarbon Exploration Licensing Policy (HELP) or Open Acreage Licensing Policy (OALP) for which the State tax leviable in excess of five per cent shall be exempted, subject to certain conditions, by amending the above said notification. This notification is intended to achieve the above object.