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Notification No. 05/2020 – Central Tax (Rate): To amend notification No. 12/ 2017- Central Tax (Rate) so as to exempt satellite launch services provided by ISRO, Antrix Co. Ltd and NSIL as recommended by GST Council in its 42nd meeting held on 05.10.2020.

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Important Keyword: F. No.354/135/2020 -TRU, Notification No. 05/2020 – Central Tax (Rate), Section 9(4)(3) CGST Act 2017, Section 11(1) CGST Act 2017, Section 15(5) CGST Act 2017, Section 148 CGST Act 2017, Notification No. 12/2017 – Central Tax (Rate), Notification No. 04/2020 – Central Tax (Rate).

[F. No.354/135/2020 -TRU]
Government of India
Ministry of Finance
(Department of Revenue)

New Delhi, the 16th October, 2020

Notification No. 05/2020 – Central Tax (Rate)

GST: [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

G.S.R. (E). – In exercise of the powers conferred by sub-sections (3) and (4) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and section 148 of the Central Goods and Services Tax Act, 2017 (12 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 makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.12/2017- 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. 691(E), dated the 28th June, 2017, namely:—

In the said notification, in the Table, after serial number 19B and the entries relating thereto, the following shall be inserted, namely:-

“19C9965Satellite launch services supplied by Indian Space Research Organization, Antrix Corporation Limited or New Space India Limited.NilNil.”

(Pramod Kumar)
Director to the
Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 12/2017 – Central Tax (Rate), dated the 28thJune, 2017, vide number G.S.R. 691 (E), dated the 28th June, 2017 and was last amended by notification No. 04/2020 – Central Tax (Rate), dated the 30th September, 2020 vide number G.S.R. 604(E), dated the 30th September, 2020.

Read More: Notification No. 04/2020 – Central Tax: Seeks to extend the one-time amnesty scheme to file all FORM GSTR-1 from July 2017 to November, 2019 till 17th January, 2020.

Web Stories: Notification No. 04/2020 – Central Tax: Seeks to extend the one-time amnesty scheme to file all FORM GSTR-1 from July 2017 to November, 2019 till 17th January, 2020.

Download Pdf: https://taxinformation.cbic.gov.in/

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