Amendment to Union Territory Tax Rate for Electronic Commerce Operators · 01/2024-Union Territory Tax
CBIC / GST notification 01/2024-Union Territory Tax · 10 Jul 2024
Official title
01/2024-Union Territory Tax : Seeks to amend Notification No. 12/2018-Union Territory Tax, dated 28.09.2018.
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government amends the Union Territory Goods and Services Tax rate for electronic commerce operators. The government reduces the tax rate from half per cent to 0.25 per cent. This change applies to the collection of tax at source under section 52 of the Central Goods and Services Tax Act, 2017. The amendment takes effect from the date of publication in the official gazette.
What you must do
- Apply the reduced tax rate of 0.25 per cent for tax collection at source.
Key dates
- Effective from
- 10 Jul 2024
- Effective date of the notification
- 10 Jul 2024
Who is affected
Document text
[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. 01/2024- Union Territory Tax
New Delhi, dated the 10^th July, 2024
G.S.R.…(E).—In exercise of the powers conferred by sub-section (1) of section 22 read with section 21 of Union Territory Goods and Services Tax Act, 2017 (14 of the 2017) and sub-section (1) of section 52 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 amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 12/2018-Union Territory Tax, dated the 28^th September, 2018 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 940(E), dated the 28^th September, 2018, namely:-
In the said notification, for the words “half per cent.”, the figure and word “0.25 per cent.” shall be substituted.
- This notification shall come into force from the date of its publication in official gazette.
[F.No.CBIC-20006/21/2024-GST]
(Raghavendra Pal Singh)
Director
Note: - The principal Notification No. 12/2018-Union Territory Tax, dated the 28^th September, 2018 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 940(E), dated the 28^th September, 2018.
Source details
- Source
- Central Board of Indirect Taxes and Customs / GST
- Type
- notification
- Published by source
- 10 Jul 2024
- Document number
- 01/2024-Union Territory Tax
- Issuing division
- Department of Revenue
- Effective date
- 10 Jul 2024
- Coverage area
- indirect-tax