Notification 5/2018 - Central Tax Rate
Date: January 25, 2018
Effective From: January 25, 2018
Subject
Seeks to exempt Central Government’s share of Profit Petroleum from Central tax
Content
G.S.R......(E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central 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 c…