Central Tax Notifications (Rate)

CGST Notification rate 16/2019

1) 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 the recommendations of the Council, hereby makes the following amendments in
the notification of the Government of India, in the Ministry of Finance
(Department of Revenue), No.3/2017- Central Tax (Rate), dated the 28th June,
2017 published in the Gazette of India, Extraordinary, Part II, Section 3,
Sub-section (i), vide number G.S.R. 675(E) dated the 28th June, 2017, namely: –

In the said notification, –

(i) in the TABLE, against S. No. 1, in column (3), after item (5), the
following item shall be inserted, namely: –

“(6) Petroleum operations or coal bed methane operations undertaken under
specified contracts under the Hydrocarbon Exploration Licensing Policy (HELP)
or Open Acreage Licensing Policy (OALP)”;

(ii) in the ANNEXURE, against Condition No. 1, in clause (e), the following
proviso shall be inserted, namely: –

“Provided that where the said goods so supplied are sought to be disposed of in
nonserviceable form, after mutilation, the recipient of outward supply or the
transferee, as the case may be, may at his option, pay the tax at the rate of 9
per cent. on transaction value of such goods subject to the condition that the
recipient of outward supply or the transferee, as the case may be, produces
before the Deputy Commissioner of Central tax or the Assistant Commissioner of
Central tax or the Deputy Commissioner of State tax or the Assistant
Commissioner of State tax, as the case may be, having jurisdiction over the
supplier of goods, a certificate from a duly authorised officer of the
Directorate General of Hydro Carbons in the Ministry of Petroleum and Natural
Gas, Government of India, to the effect that the said goods are non-serviceable
and have been mutilated before disposal.”.

2) This notification shall come into force on the 1 st day of October, 2019.