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 - 05/2018- State Tax (Rate) - Delhi SGST

GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI FINANCE (REVENUE-1) DEPARTMENT NOTIFICATION No. 05/2018- State Tax (Rate) Delhi, the 1st March, 2018 No. F. 3(97)/Fin (Rev-I)/2017-18/DS-VI/116 .-In exercise of the powers conferred by sub-section (1) of Section 11 of the Delhi Goods and Services Tax Act, 2017 (03 of 2017), the Lt. Governor of National Capital Territory of Delhi, 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 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. 2. The notification shall come into force on the 25th January, 2018. By Order and in the Name of the Lt. Governor of the National Capital Territory of Delhi, A. K. SINGH, Dy. Secy.- VI (Finance)