Important Keyword: Rule 46 UTGST Act 2017, Section 21 UTGST Act 2017, Section 50(3) CGST Act 2017, Section 56(12) CGST Act 2017.
[F. No. S-31011/25/2017-ST-I-DOR]
Government of India
Ministry of Finance
(Department of Revenue)
New Delhi, the 30th June, 2017
9 Ashadha, Saka 1939
Notification No. 10/2017 – Union Territory Tax
Table of Contents
GST: [To be published in the Official Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)]
G.S.R.….(E).- In pursuance of section 21 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), read with sub-sections (1) and (3) of section 50, sub-section (12) of section 54 and section 56 of Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of Goods and Services Tax Council, hereby fixes the rate of interest per annum for the purposes of the sections as specified in column (2) of the Table below as mentioned in the corresponding entry in column (3) of the said Table, namely:-
Table
| Serial Number | Section | Rate of interest |
| (1) | (2) | (3) |
| 1. | Section 21 of the Union Territory Goods and Services Tax Act, 2017 read with sub-section (1) of section 50 of the Central Goods and Services Tax Act, 2017. | 18 per cent. |
| 2. | Section 21 of the Union Territory Goods and Services Tax Act, 2017 read with sub-section (3) of section 50 of the Central Goods and Services Tax Act, 2017. | 24 per cent. |
| 3. | Section 21 of the Union Territory Goods and Services Tax Act, 2017 read with sub-section (12) of section 54 of the Central Goods and Services Tax Act, 2017. | 6 per cent. |
| 4. | Section 21 of the Union Territory Goods and Services Tax Act, 2017 read with section 56 of the Central Goods and Services Tax Act, 2017. | 6 per cent. |
| 5. | Section 21 of the Union Territory Goods and Services Tax Act, 2017 read with Proviso to section 56 of the Central Goods and Services Tax Act, 2017. | 9 per cent. |
2. This notification shall come into force with effect from the 1st day of July, 2017.
(S.R. MEENA)
Under Secretary to the
Government of India
Official Income Tax Return filing website: https://incometaxindia.gov.in/
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