Notification No. 10/2019 - Union Territory Tax (Rate) Update

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Notification No. 10/2019 - Union Territory Tax (Rate): Seeks to amend notification No. 11/ 2017- Union Territory Tax (Rate) so as to extend the last date for exercising the option by promoters to pay tax at the old rates of 12%/ 8% with ITC

[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 (1), (3) and (4) of section 7, sub-section (1) of section 8, clause (iv), clause (v) and clause (xxvii) of section 21 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), read with sub-section (5) of section 15, sub-section (1) of section 16 and section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do,

Hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No.11/2017- Union Territory Tax (Rate), dated the 28^thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 702(E), dated the 28^thJune, 2017, namely:-

In the said notification, -

in the Table, against serial number 3, in items (ie) and (if), in the entries in column (5), for the figures and letters “10^th ”, wherever they occur, the figures and letters “20^th ” shall be substituted;

in Annexure IV, for the figures and letters “10^th ”, at both the places where they occur, the figures and letters “20^th” shall be substituted.

(Ruchi Bisht)
Under Secretary to the
Government of India

Note: -The principal notification No. 11/2017 - Union Territory Tax (Rate), dated the 28^th June, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 702 (E), dated the 28^th June, 2017 and was last amended by notification No. 3/2019- Union Territory Tax (Rate), dated the 29^th March, 2019 published vide number G.S.R. 262 (E), dated the 29^th March, 2019.

📚 Frequently Asked Questions (FAQs): Notification No. 10/2019 - Union Territory Tax (Rate)

Q1: What is Notification No. 10/2019 - Union Territory Tax (Rate)?

Answer:
It extends the deadline for promoters to opt for the old GST rates (12%/8% with ITC) for ongoing real estate projects.

Q2: What was the earlier deadline?

Answer:
The deadline was 10th, which has now been extended to 20th.

Q3: Who is considered a promoter?

Answer:
A builder or developer who:
Constructs apartments
Sells units before completion
Registers under RERA

Q4: What are the old GST rates for real estate?

Answer:
12% for standard housing
8% for affordable housing
(with ITC benefit)

Q5: What are the new GST rates after April 2019?

Answer:
5% for standard housing
1% for affordable housing
(without ITC)

Q6: Why would a promoter choose old rates?

Answer:
To:
Claim ITC on cement, steel, services
Reduce overall project cost

Q7: Does this apply to new projects also?

Answer:
No. Only ongoing projects were eligible for the option.

Q8: What happens if promoter misses the extended deadline?

Answer:
They must follow new GST rates without ITC.

Q9: Do promoters still need GST registration?

Answer:
Yes, GST registration is mandatory.
👉 Register here: https://finodha.in/online-gst-registration/

Q10: Do builders need to file GST returns monthly?

Answer:
Yes. Promoters must file:
GSTR-1
GSTR-3B
👉 https://finodha.in/gst-return-filing/

Q11: Can ITC be claimed under new scheme?

Answer:
❌ No. New scheme does not allow ITC.

Q12: What documents should promoters maintain?

Answer:
Project details
Option forms
ITC records
Purchase invoices
GST returns

Q13: Is this notification still relevant today?

Answer:
Yes, for historical compliance and audits of projects started before April 2019.

Q14: Does this apply in all India?

Answer:
Specifically UTGST areas. Similar CGST notification applies nationwide.

Q15: How can Finodha help real estate promoters?

Answer:
Finodha provides:
✔ GST Registration
✔ Return Filing
✔ Compliance
✔ Company setup
✔ ROC filings
👉 https://finodha.in/private-limited-company/
👉 https://finodha.in/gst-compliance/