Amendment to Central Tax Rate Notification on Renting of Property · 09/2024- Central Tax (Rate)
CBIC / GST notification 09/2024- Central Tax (Rate) · 08 Oct 2024
Official title
09/2024-Central Tax (Rate) : Seeks to amend Notification No 13/2017-Central Tax (Rate) dated 28.06.2017
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government amends notification number 13/2017-Central Tax (Rate) to include renting of property services under the reverse charge mechanism. This applies to renting of any property other than a residential dwelling supplied by an unregistered person to a registered person. The registered person pays the tax. This change comes into force on 10 October 2024.
What you must do
- The registered person pays the tax for renting services received from an unregistered person under the reverse charge mechanism.
Key dates
- Effective from
- 10 Oct 2024
- Date on which the notification comes into force
- 10 Oct 2024
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. 09/2024- Central Tax (Rate)
New Delhi, the 8^th October, 2024
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), number 13/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 692(E), dated the 28th June, 2017, namely: -
- In the said notification, in the Table, after serial number 5AA and the entries relating thereto, the following serial number and entries relating thereto in columns (2), (3) and (4) shall be inserted, namely: -
| (1) | (2) | (3) | (4) |
|---|---|---|---|
| "5AB | Service by way of renting of any property other than residential dwelling. | Any unregistered person | Any registered person." |
- This notification shall come into force with effect from the 10^th day of October, 2024.
[F.No. 190354/149/2024-TO(TRU-II) – Part-I CBEC]
(Dilmil Singh Soach)
Under Secretary to the Government of India
Note: -The principal notification number 13/2017 -Central Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 692 (E), dated the 28th June, 2017 and was last amended vide notification number 14/2023 -Central Tax (Rate), dated the 19^th October, 2023 published in the Gazette of India vide number G.S.R. 765(E), dated the 19^th October, 2023.
Source details
- Source
- Central Board of Indirect Taxes and Customs / GST
- Type
- notification
- Published by source
- 08 Oct 2024
- Document number
- 09/2024- Central Tax (Rate)
- Issuing division
- Department of Revenue
- Effective date
- 10 Oct 2024
- Coverage area
- indirect-tax