Notification No. 15/2023 – Union Territory Tax (Rate): Seeks to amend Notification No 15/2017- Union territory Tax (Rate) dated 28.06.2017.

Important Keyword: Notification No. 15/2023-Union Territory Tax (Rate), F. No. CBIC-190354/195/2023-TO (TRU-II)-CBEC, Section 21(xiv) UTGST Act 2017, Section 54(3) CGST Act 2017, Notification no. 15/2017- Union Territory Tax (Rate).

[F. No. CBIC-190354/195/2023-TO (TRU-II)-CBEC]
Government of India
Ministry of Finance
(Department of Revenue)

New Delhi, the 19^th October, 2023

Notification No. 15/2023 – Union Territory 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 clause (xiv) of section 21 of the UTGST, 2017 (14 of 2017), read with sub-section (3) of section 54   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. 15/2017- Union Territory 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. 706(E), dated the 28th June, 2017, namely:-

In the said notification, in opening paragraph , for the words, brackets, letters and figures “specified in sub-item

(b) of item 5 of Schedule II of the Central Goods and Services Tax Act”, the words, “of construction of a complex, building or a part thereof, intended for sale to a buyer, wholly or partly, where the amount charged from the recipient of service includes the value of land or undivided share of land, as the case may be, except where the entire consideration has been received after issuance of completion certificate , where required , by the competent authority or after its first occupation , whichever is earlier”, shall be substituted.

2. This notification shall come into force with effect from the 20^th October, 2023.

(Rajeev Ranjan)
Under Secretary to the Government of India

Note:- The principal notification no. 15/2017- Union Territory Tax (Rate), dated the 28^th June,2017 was published   in the Gazette of India, Extraordinary, vide number G.S.R. 706(E),dated the 28^th June, 2017.

Read More: Seeks to amend Notification No 14/2017- Integrated Tax (Rate) dated 28.06.2017.

Web Stories: Seeks to amend Notification No 14/2017- Integrated Tax (Rate) dated 28.06.2017.

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