News Update

Gurugram-based real estate developer raided; Income tax finds tax evasion on Rs 25 Cr long-term capital gainsPresident’s Rule imposed in Puducherry after 30 yearsGovt decides to regulate social media, streaming services through Rules under IT ActDelhi Customs sets ablaze 15.8 lakh smuggled foreign brand cigarettes worth Rs 2.4 CroreOECD urges tax jurisdictions to take action against tax fraud enabling professionalsPM launches development projects to 'improve' lives in Puducherry57 WTO members support India's IP waiver for COVID-19 vaccine: GoyalGST Tribunal - Sorely missed - But why did Budget say: See you later - ciao!UK Court green-signals extradition of Nirav Modi in PNB fraud caseGST - Suspension of GSTIN stayed - respondent directed to allow petitioner to conduct transactions: HCGST - Challenge to the Anti-Profiteering provisions and order of NAA - Stay ordered from recovery subject to petitioner paying the entire amount demanded in six EMIs: HCIndia, Pakistan agree on 'strict' observance of ceasefire along LoC from todayIndia records spike in COVID-19 cases with over 16,700 daily infectionsST - SVLDRS - Visibility of returns on GST portal - Technical infraction at the end of Respondent cannot be a ground to deprive Petitioner the benefit of the scheme: HCST - SVLDRS, 2019 - s.129(2)(b) of FA, 2019 - Whether the words 'same matter', 'different matter' are to be interpreted liberally or restrictively - Matter listed: HCGST - Any appeal can be made only against the original order which will be read together with the correction made in the rectification order - doctrine of merger does not apply: AAARGST - Order passed by AAR in the matter of a ROM application is not an appealable order u/s 100 of the CGST Act, 2017: AAARGST - Renting of e-bikes (Miracle)/bicycles (Move) without operator is classifiable under SAC 9973; attracts GST @5%, 12% respectively: AAARGST - Terms 'Betel nut' and 'Areca nut' are the same and used interchangeably - 'Nizam Pakku' attracts GST @5% and not @12%: AAARPM reviews projects worth Rs 44,545Cr in Pragati meetingIndia chairs first meeting of BRICS finance and central bank deputies 2021BRICS prepare for release of Joint Statistical Publication 2021
Untitled Document

[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
NEW DELHI

NOTIFICATION NO

02/2020- Union Territory Tax; Dated: June 24, 2020

G.S.R. 408(E).- In exercise of the powers conferred by section 21 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), read with sub-section (1) of section 50 and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Government, on the recommendations of the Council, hereby makes the following further amendment in notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 10/2017 - Union Territory Tax, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 747(E), dated the 30th June, 2017, namely:-

In the said notification, in the first paragraph, for the first proviso, the following proviso shall be substituted, namely: -

"Provided that the rate of interest per annum shall be as specified in column (3) of the Table given below for the period mentioned therein, for the class of registered persons mentioned in the corresponding entry in column (2) of the said Table, who are required to furnish the returns in FORM GSTR-3B, but fail to furnish the said return along with payment of tax for the months mentioned in the corresponding entry in column (4) of the said Table by the due date, namely:--

TABLE

S. No. (1)
Class of registered persons (2)
Rate of interest (3)
Tax period (4)
1. Taxpayers having an aggregate turnover of more than rupees 5 crores in the preceding financial year Nil for first 15 days from the due date, and 9 per cent thereafter till 24th day of June, 2020 February, 2020, March 2020, April, 2020
2. Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana or Andhra Pradesh or the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands and Lakshadweep Nil till the 30th day of June, 2020, and 9 per cent thereafter till the 30th day of September, 2020 February, 2020
Nil till the 3rd day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 March, 2020
Nil till the 6th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 April, 2020
Nil till the 12th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 May, 2020
Nil till the 23rd day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 June, 2020
Nil till the 27th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 July, 2020
3. Taxpayers having an aggregate turnover of up to rupees 5 crores in the preceding financial year, whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha or the Union territories of Jammu and Kashmir, Ladakh, Chandigarh and Delhi Nil till the 30th day of June, 2020, and 9 per cent thereafter till the 30th day of September, 2020 February, 2020
Nil till the 5th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 March, 2020
Nil till the 9th day of July, 2020, and 9 per cent thereafter till the 30th day of September, 2020 April, 2020
Nil till the 15th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 May, 2020
Nil till the 25th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 June, 2020
Nil till the 29th day of September, 2020, and 9 per cent thereafter till the 30th day of September, 2020 July, 2020.".

[F. No. CBEC-20/06/09/2019-GST]

(Pramod Kumar)
Director

Note: The principal notification number 10/2017 - Union Territory Tax, dated the 30th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.747(E), dated the 30th June, 2017 and was last amended vide notification number 01/2020 - Union Territory Tax, dated the 8th April, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 243(E), dated the 8th April, 2020.