Notification no 03/2018 Central Tax (Rate) date on 25th January, 2018, GST

 

 Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM).

The extract of GST Notification No. 03/2018- Central Tax (Rate) is given below: 

Notification No. 03/2018- Central Tax (Rate), GST

 

[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. 3/2018- Central Tax (Rate)

 

New Delhi, the 25^th January, 2018

 

GSR......(E).- In exercise of the powers conferred by sub-section (3) of section 9     of

 

the Central Goods and Services Tax Act, 2017 (12 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- Central 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. 692(E), dated the 28^thJune, 2017, namely:-

 

In the said notification,-

 

(i)     in the Table, after serial number 5 and the entries relating thereto, the following serial number and the entries relating thereto shall be inserted, namely: -

 

(1)	(2)	(3)	(4)
“5A	Services  supplied  by  the  Central  Government,  State	Central	Any
	Government, Union territory or local authority by way of	Government,	person
	renting  of  immovable  property  to  a  person  registered	State	registered
	under the Central Goods and Services Tax Act, 2017 (12	Government,	under the
	of 2017).	Union	Central
		territory   or	Goods
		local	and
		authority	Services
			Tax  Act,
			2017.”;