Seeks to amend notification No 1127-F.T. dated 28.6.2017 to notify that Petroleum operations or coal bed methane operations undertaken under specified contracts under the Hydrocarbon Exploration Licensing Policy (HELP) or Open Acreage Licensing Policy (OALP) will be taxable @ 2.5%

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GOVERNMENT OF WEST BENGAL FINANCE DEPARTMENT REVENUE NOTIFICATION No. 16/2019-State Tax (Rate) No. 1695-F.T. Dated, Howrah, the 30th day of September, 2019 In exercise of the powers conferred by sub-section (1) of section 9 of the West Bengal Goods and Services Tax Act, 2017 (West Ben. Act XXVIII of 2017), the Governor, on the recommendations of the Council, is pleased hereby to make th .....

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..... ward 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 the Deputy Commissioner of Central tax or the Assistant .....

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