Central Government's share of profit petroleum Services by way of grant of license or lease to explore or mine petroleum crude or natural gas or both. - FA-3-10/2018-1-V-(14) - Madhya Pradesh SGST

Commercial Tax Department Mantralaya, Vallabh Bhawan, Bhopal Bhopal, the 25th January 2018 No. FA-3-10/2018-1-V-(14).- In exercise of the powers conferred by sub-section (1) of Section 11 of the Madhya Pradesh Goods and Services Tax Act. 2017 (19 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 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. By order and in the name of the Governor of Madhya Pradesh, ARUN PARMAR, Dy. secy.