Notification No. 08/2018 Union territory tax (Rate) DT on 25th January, 2018, GST

 

Seeks to amend Notification No.1/2017-UTGST(Rate).

 

The Extract of GST Notification No. 08/2018-Union territory tax (Rate) is Given below: 

  Notification No. 08/2018 – Union territory 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.  8/2018 - Union Territory Tax (Rate)

 

	New Delhi, the 25th January, 2018
G.S.R.	(E).- In exercise of the powers conferred by sub-section (1) of section 8 of  the Union

 

Territory Goods and Services Tax Act, 2017 (14 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the central tax on intra-state supplies of goods, the description of which is specified in column (3) of the Table below, falling under the tariff item, sub-heading, heading or Chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), as are given in corresponding entry in column (2), from so much tax as specified in Schedule IV of Notification No. 1/2017 - Union Territory Tax (Rate), as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4), of the said Table, on the value that represent margin of the supplier, on supply of such goods.

 

		Table
S. No.	Chapter,		Rate
	Heading,	Description of Goods
	Sub-
	heading or
	Tariff item
(1)	(2)	(3)	(4)
1.	8703	Old and used, petrol Liquefied petroleum gases (LPG)	9%
		or compressed natural gas (CNG) driven motor vehicles
		of engine capacity of 1200 cc or more and of length of
		4000 mm or more.
		Explanation.  -  For  the  purposes  of  this  entry,  the
		specification of the motor vehicle shall be determined as
		per the Motor Vehicles Act, 1988 (59 of 1988) and the
		rules made there under.
2.	8703	Old and used, diesel driven motor vehicles of engine	9%
		capacity of 1500 cc or more and of length of 4000 mm
		Explanation.  -  For  the  purposes  of  this  entry,  the
		specification of the motor vehicle shall be determined as
		per the Motor Vehicles Act, 1988 (59 of 1988) and the
		rules made there under.