Notification No. 03/2017
Date: June 28, 2017
Subject: Concessional IGST rate on goods required for petroleum and coal bed methane operations
Description:
This notification prescribes a concessional IGST rate of 5% on specified goods supplied for petroleum exploration, mining, coal bed methane and marginal field operations, subject to certification by the Directorate General of Hydrocarbons. It applies to supplies made to ONGC, OIL, contractors and sub-contractors under approved contracts.
Issued for earlier notification?
No — this is an independent concessional rate notification.