Union Territory Tax Rate amended by MoF

Jul 14, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliancemargin-top: 0cm; text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;">The Ministry of Finance (MoF) on July 13, 2022, further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 5/2017-Central Tax (Rate), June 28, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 677(E), namely: — In the said notification,

(i)               in the opening paragraph, in the proviso, in clause (i), for the words and figure “serial numbers 1”, the words, figure, and letters “serial numbers 1AA” shall be substituted.  

(ii)             in the TABLE, S. No. 1 shall be re-numbered as S. No. 1AA, and before S. No. 1AA as so re-numbered, the following serial numbers and entries shall be inserted, for reference document is attached.

This notification shall come into force on July 18, 2022.

 

[Notification No. G.S.R. 561(E)]


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