Amendment to Integrated Tax Rate Notification on Renting Services · 09/2024-Integrated Tax (Rate)
CBIC / GST notification 09/2024-Integrated Tax (Rate) · 08 Oct 2024
Official title
09/2024-Integrated Tax (Rate) : Seeks to amend Notification No.10/2017-Integrated Tax (Rate) dated 28.06.2017
Official record
Open source pageSummary
Check the official recordWhat changed
The Central Government amends the Integrated Tax (Rate) notification to include renting of non-residential property under the reverse charge mechanism. This change applies to services provided by any unregistered person to any registered person. The registered recipient of the service must pay the tax. This notification takes effect on 10 October 2024.
What you must do
- Registered persons must pay integrated tax on services received from unregistered persons for renting non-residential property.
Key dates
- Effective from
- 10 Oct 2024
- Effective date of the notification
- 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-Integrated Tax (Rate)
New Delhi, the 8th October, 2024
GSR......(E).-In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 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.10/2017-Integrated 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. 685(E), dated the 28th June, 2017, namely:-
- In the said notification, in the Table, after serial number 6AA 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) |
|---|---|---|---|
| “6AB | 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 10th 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 no. 10/2017 -Integrated Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 685 (E), dated the 28th June, 2017 and was last amended vide notification no. 14/2023 -Integrated Tax (Rate), dated the 19th October, 2023 published in the official gazette vide number G.S.R. 766(E), dated the 19th 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-Integrated Tax (Rate)
- Issuing division
- Department of Revenue
- Effective date
- 10 Oct 2024
- Coverage area
- indirect-tax