Taxability of Cost Petroleum and Profit Petroleum under GST

CA Kushwanth AVSR , Last updated: 28 September 2020  
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What is Cost Petroleum and Profit Petroleum? An Oil Exploration and Production contractor (hereinafter referred to as contractor)applies for a license/lease to explore/mine the petroleum crude and/or Natural Gas from the Government. If the contractor gets a license/lease then the contractor will

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Published by

CA Kushwanth AVSR
(CA in Practice, CMA by Qualification)
Category GST   Report

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