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Law Updates |
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NOTIFICATION |
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FINANCE DEPARTMENT
Mantralaya, Mumbai 400 032, dated the 30th November 2006.
The Maharashtra Value Added Tax Act, 2002.
No. VAT-1506/CR-135-A/Taxation –1.--
In exercise of the powers conferred by clause (a) of sub-section (4) of
section 41 of the Maharashtra Value Added Tax Act, 2002 [Mah. IX of 2005],
and in supersession of Government Notification, No.
VAT-1505/CR-107/Taxation-1, dated the 1st June 2005, the
Government of Maharashtra hereby, with effect from 1st
December, 2006 exempts, from payment of tax in excess of 4 per cent of the
turnover of sales, the sales of motor spirits and petroleum products made
by any of the oil companies listed below to any other oil company in the
said list, namely :-
Oil Companies
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S.No. |
Name of the Company |
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1 |
2 |
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1 |
The Indian Oil Corporation Limited, |
| 2 |
The Bharat Petroleum Corporation Limited, |
| 3 |
The Hindustan Petroleum Corporation Limited, |
| 4 |
The I.B.P. Limited, |
| 5 |
The Kochi refineries Limited, |
| 6 |
The Mangalore Refineries and Petrochemicals Limited, |
| 7 |
The Tide Water Oil Company (India) Limited, |
| 8 |
The Oil and Natural Gas Corporation, |
| 9 |
The Chennai Petroleum Corporation Limited, |
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10 |
The Essar Oil Limited. |
By
order and in the name of the Governor of Maharashtra,
SHASHANK MATHANE,
Officer on Special
Duty to Government
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