2.5% concessional GST rate for supplies to Exploration and Production notified under section 11 (1)
03\/2017-State Tax (Rate) Dated:- 28-6-2017 Chhattisgarh SGST
GST – States
Chhattisgarh SGST
Chhattisgarh SGST
Government of Chhattisgarh
\nCommercial Tax Department
\nMantralaya, Mahanadi Bhawan, Naya Raipur
\nNotification No. 03\/2017-State Tax (Rate)
\nNaya : 28.06.2017
\nNo, F.10-43\/2017\/CT\/V(71)- In exercise of the powers conferred by sub-section (1) of section 11 of the Chhattisgarh Goods and Services Tax Act, 2017 (7 of 2017), the State Government, being satisfied that it is necessary in the public interest to do, on the recommendations of the Council, hereby exempts intra-State of goods, the description of which is specified in column (3) of the Table below read with relevant List appended hereto and falling under the tariff item, sub-heading, heading or Chapter, as the case may be, as specified in the corresponding entry in column (2) of the said Table, from so much of t<\/p>\n
= = = = = = = =<\/p>\n
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\nappended hereto and
\nfalling under the tariff item, sub-heading, heading or Chapter, as the
\ncase may
\nbe
\n,
\nas specified in the corresponding entry in column (2) of the said Table, from so
\nmuch
\nof the state tax leviable thereon under section 9 of the Chhattisgarh Good and Services
\nTax Act, 2017 (7 of 2017) as is in excess of the amount calculated at the rate specified in the
\ncorresponding entry in column (4) of the said Table and subject to the relevant conditions
\nannexed to this notification, as specified in the corresponding entry in column (5) of the
\nTable aforesaid.
\nTABLE
\nS.
\nChapter\/
\nDescription of Goods
\nRate
\nCondition
\nNo.
\nHeading \/
\nNo.
\nSub-
\nheading\/
\nTariff item
\n(1)
\n(2)
\n(3)
\n1.
\nAny
\nChapter
\n(4)
\n(5)
\n2.5%
\n1
\nGoods specified in the List annexed to this Table
\nrequired in connection with:
\n(1) Petroleum operations undertaken under
\npetroleum exploration licenses or mining
\nleases, granted by the Government of India
\nor any State<\/p>\n
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\n(ii) an Indian Company or Companies, a Foreign Company or
\nCompanies, or a consortium of an Indian Company or Companies
\nand a Foreign Company or Companies (hereinafter referred to as the
\n\u201ccontractor\u201d) or a sub-contractor of the contractor and in each case
\nin connection with petroleum operations to be undertaken under a
\ncontract with the Government of India; or
\n(iii) an Indian Company or Companies, a Foreign Company or
\nCompanies, or a consortium of an Indian Company or Companies
\nand a Foreign Company or Companies (hereinafter referred to as the
\n\u201ccontractor”) or a sub-contractor of such Company or Companies or
\nsuch consortium and in each case in connection with petroleum
\noperations or coal bed methane operations, as the case may be, to be
\nundertaken under a contract signed with the Government of India,
\non or after the 1st day of April, 1998, under the New Exploration
\nLicensing Policy, or on or after the 1st day <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n2
\ntax, as the case may be, having jurisdiction over the supplier of
\ngoods, at the time of outward supply of goods, a certificate from a
\nduly authorised officer of the Directorate General of Hydro Carbons
\nin the Ministry of Petroleum and Natural Gas, Government of India,
\nto the effect that the goods are required for
\n(A) petroleum operations referred to in sub-clause (ii) of clause
\n(a) under the contract referred to in that sub-clause, or
\n(B) petroleum operations or coal bed methane operations
\nreferred to in sub-clause (iii) of clause (a), as the case may
\nbe, under a contract signed under the New Exploration
\nLicensing Policy or the Coal Bed Methane Policy or the
\nMarginal Field Policy, as the case may be;
\n(c) where the recipient of outward supply of goods is a sub-contractor, he
\nproduces to the Deputy Commissioner of Central tax or the Assistant
\nCommissioner of Central tax or the Deputy Commissioner of State tax
\nor the Assistant Commissioner o<\/p>\n
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\nthe name of such sub-contractor;
\n(ii) an affidavit to the effect that such sub-contractor is a bonafide sub-
\ncontractor of the licensee or lessee or contractor, as the case may be;
\n(iii) an undertaking from such licensee or lessee or contractor, as the
\ncase may be, binding him to pay any tax, fine or penalty that may
\nbecome payable, if any of the conditions of this entry are not
\ncomplied with by such sub-contractor or licensee or lessee or
\ncontractor, as the case may be;
\n(d) where the goods so supplied to the licensee or a sub-contractor of the
\nlicensee, or the contractor or a sub-contractor of the contractor are
\nsought to be transferred to another sub-contractor of the licensee or
\nanother licensee or a sub- contractor of such licensee, or another sub-
\ncontractor of the contractor or another contractor or a subcontractor of
\nsuch contractor (hereinafter referred to as the “transferee”), such
\ntransferee produces to the Deputy Commissioner of C<\/p>\n
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\nthis entry, including that he shall pay tax, fine or penalty that may
\nbecome payable, if any of the conditions of this entry are not
\ncomplied with by himself, where he is the licensee\/ contractor or by
\nthe licensee\/ contractor of the transferee where such transferee is a
\nsub-contractor;
\n(iii) a certificate,-
\n(A) in the case of a petroleum exploration license or mining lease,
\nas the case may be, granted by the Government of India or any
\nState Government on nomination basis, that no foreign
\nexchange remittance is made for the transfer of such
\ngoods undertaken by the transferee on behalf of the
\nlicensee or lessee, as the case may be;
\n(B) in the case of a contract entered into by the Government
\nof India and a Foreign Company or Companies or, the
\nGovernment of India and a consortium of an Indian Company
\nor Companies and a Foreign Company or Companies, that no
\nforeign exchange remittance is made for the transfer of
\nsuch goods undertaken <\/p>\n
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\noperations or coal bed methane operations, and the depreciated value of
\n4
\n(1)
\n(2)
\n(3)
\n(4)
\n(5)
\n(6)
\n(7)
\n20
\n(9)
\nthe goods shall be equal to the original value of the goods at the time of
\nimport reduced by the percentage points calculated by straight line
\nmethod as specified below for each quarter of a year or part thereof from
\nthe date of clearance of the goods, namely:-
\n(i) for each quarter in the first year at the rate of 4 per cent.;
\n(ii) for each quarter in the second year at the rate of 3 per cent.;
\n(iii) for each quarter in the third year at the rate of 2.5 per cent.; and
\n(iv) for each quarter in the fourth year and subsequent years at the rate of
\n2 per cent.,
\nsubject to the maximum of 70 per cent.
\nList
\n[See S.No.1 of the Table]
\nLand Seismic Survey Equipment and accessories, requisite vehicles including those for
\ncarrying the equipment, seismic survey vessels, global positioning system
\nand accessori<\/p>\n
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\ndirectional drilling, stimulation, Coil Tubing units, Drill Stem Testing (DST),
\ndata acquisition and processing,
\nsolids control, fishing (as related
\nto
\ndownhole retrieval in oil field operations or coal bed methane operations), well
\ncontrol, blowout prevention (BOP), pipe inspection including Non Destructive
\nTesting, coring, gravel pack, well completion and workover for oil\/gas\/CBM
\nwells including wireline and downhole equipment.
\nAll types of casing pipes, drill pipes, production tubing, pup joints, connections,
\ncoupling, kelly, cross overs and swages, Drive Pipes.
\nAll types of drilling bits, including nozzles, breakers and related tools.
\n(8) All types of oil field chemicals or coal bed methane chemicals including
\nsynthetic products used in petroleum or coal bed methane operations, oil well cement
\nand cement additives, required for drilling, production and transportation of oil or gas.
\nProcess, production and well platforms\/ installation for oil<\/p>\n
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\nLife Raft, fire and gas detection equipment, including H2S monitoring equipment.
\n(14) Mobile and skid mounted pipe laying, pipe testing and pipe inspection equipment.
\n(15) All types of valves including high pressure valves.
\n(16) Communication equipment required for petroleum or coal bed methane operations
\nincluding synthesized VHF Aero and VHF multi channel sets\/ VHF marine multi
\nchannel sets.
\n(17) Non-directional radio beacons, intrinsically safe walkie-talkies, directional finders,
\nEPIRV, electronic individual security devices including electronic access control
\nsystem.
\n(18) Specialized antenna system, simplex telex over radio terminals, channel micro
\nwave systems, test and measurement equipment.
\n(19) X-band radar transponders, area surveillance system.
\n(20) Common depth point (CDP) cable, logging cable, connectors, geo-phone strings,
\nperforation equipment and explosives
\n(21) Wellhead and <\/p>\n
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