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Import of oil-drilling rigs kept out of GST purview - Economic Times
Economic Times | Import of oil-drilling rigs kept out of GST purview Economic Times NEW DELHI: Import of oil-drilling rigs has been exempted from the goods and services tax (GST) levy to give a boost to domestic exploration and production, the government has said. The GST Council has also cut tax rate on bunker fuel to 5% from 12%. GST Rates Reduced On Bunker Fuels; Tax Set For Offshore Oil, Gas Sales |
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