Union territory tax (Rate) Notification No. 29 of 2018 DT 31st December, 2018, GST

 

Notification No. 29/2018 Union territory tax (Rate) DT on 31st December, 2018, GST 

Seeks to amend notification No. 13/2017- Union Territory Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council in its 31st meeting held on 22.12.2018. 

The Extract of GST Notification No. 29/2018-Union territory tax (Rate) is Given below: 

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,

SECTION 3, SUB-SECTION (i)]

Government of India

Ministry of Finance

(Department of Revenue) 

Notification No. 29/2018- Union Territory Tax (Rate) 

New Delhi, the 31^st December, 2018

 

GSR......(E).- In exercise of the powers conferred by sub-section (3) of section 7     of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.13/2017- Union Territory Tax (Rate), dated the 28^thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 704(E), dated the 28^thJune, 2017, namely:-

 

In the said notification,-

 

(i)            in the Table,-

 

(a)against serial number 1, in the entry in column (2), after item (g), the following proviso shall be inserted, namely: - 

“Provided that nothing contained in this entry shall apply to services provided by a goods transport agency, by way of transport of goods in a goods carriage by road, to, - 

(a)      a Department or Establishment of the Central Government or State Government or Union territory; or 

(b)  local authority; or 

(c)  Governmental agencies, which has taken registration under the Central Goods and Services Tax Act, 2017 (12 of 2017) only for the purpose of deducting tax under section 51 and not for making a taxable supply of goods or services.”;

 

(b)  after serial number 11 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely: -

 

(1)		(2)	(3)		(4)
“12.	Services provided by business		Business facilitator (BF)	A	banking	company,
	facilitator  (BF)  to  a  banking			located  in		the	taxable
	company			territory
13.	Services provided by an agent		An  agent  of   business	A			business
	of	business   correspondent	correspondent (BC)	correspondent,			located
	(BC) to business correspondent			in the taxable territory.
	(BC).
14.	Security   services   (services		Any person other than a	A	registered		person,