Exemption of 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 of the State Tax as is leviable on the consideration paid to the Government in the form of Government’s share of profit Petroleum. - 2234-FIN-CT1-TAX-0043/2017-S.R.O. No. 42/2018 - Orissa SGST

FINANCE DEPARTMENT NOTIFICATION The 25th January, 2018 S.R.O. No. 42/2018- In exercise of the powers conferred by sub-section (1) of Section 11 of the Odisha Goods and Services Tax Act, 2017 (Odisha Act 7 of 2017), the State Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Goods and Services Tax Council, do hereby exempt 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 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. [No.2234-FIN-CT1-TAX-0043/2017/FIN.] By Order of the Governor S. ROUT Deputy Secretary to Government