Union territory tax Notification No. 01 of 2018 DT 01st January, 2018, GST

  

Notification No. 01/2018 Union territory tax DT on 01st January, 2018, GST

  

Union Territory Tax seeks to further amend notification No. 2/2017 - Union Territory Tax so as to prescribe effective rate of tax under composition scheme for manufacturers and other suppliers.

  

The Extract of GST Notification No. 01/2018-Union territory tax is given below:

 

             Notification No. 01/2018 – Union territory tax, 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.1/2018- Union Territory Tax

 

New Delhi, the 1st January, 2018

 

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 10 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act) read with section 21 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.2/2017- Union Territory Tax, dated the 27th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 648 (E), dated the 27th June, 2017, namely:-

 

In the said notification, in the opening paragraph, -

 

(a)   in clause (i), for the words “one per cent.”, the words “half per cent.” shall be substituted;

 

(b)   in clause (iii), for the words “half per cent. of the turnover”, the words “half per cent. of the turnover of taxable supplies of goods” shall be substituted.

 

 

[F. No. 354/320/2017- TRU]

 

  

(Ruchi Bisht)

 

Under Secretary to Government of India

  

 

Note: - The principal notification No.2/2017- Union Territory Tax, dated the 27th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 648(E), dated the 27th June, 2017 and last amended by Notification No. 16/2017- Union Territory Tax, dated 13th October, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number GSR 1292 (E), dated the 13th October, 2017.

 

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

GST exemption list of goods and service

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your product? 

How to import your product? 

Click here to know HS code of your product 


What are the risks and solutions in Export Business?

Factory stuffing procedures after GST implementation

Import of goods attracts IGST but not CVD under GST regime

Liability of officers and certain other persons, Section 133 of CGST Act, 2017       

Sec 132 of CGST Act, 2017 Punishment for certain offences         

Section 129 of CGST Act, 2017 Detention, seizure and release of goods and conveyances in transit

Section 124 Fine for failure to furnish statistics, CGST Act, 2017

Inter State supplies under GST

Meaning of Interstate dealer and seller

Inter State B2C Supply Means

Meaning of term Inter-State Goods and Service Tax (IGST) under GST

Inter and Intra State Level tax under GST

What is Integrated Tax under GST

Cut down GST rate on Storage water heaters, immersion heaters, hair dryers, hand dryers, electric smoothing irons etc

Diminished GST rate on Shavers, hair clippers, hair-removing appliances

Revised GST rate on Electro-mechanical domestic appliances

Can Bill of Lading be surrendered at port of loading?  

Transferability of Bill of Lading 

What is charter party bill of lading?  

How  transshipment bill of lading works?  

What is Combined Bill of Lading / Multi model Bill of Lading  

Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading 

What is Clean on board Bill of Lading?

How to import to India from Somalia?

How to export from India to Somalia?

How to Import to Tonga?

How to import to India from Tonga?

What is Real Property Transactions under Indian Tax

How to export from India to Tonga?


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers