MoF notified regarding the amendment in the

Oct 11, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance The Ministry of Finance (MoF) on October 08, 2024, notified regarding the amendment in the older Notification No. 4/2017- Union Territory Tax (Rate) dates June 28, 2017, regarding the reverse charge on certain specified supplies of goods under section 7 (3) of the UTGST Act, 2017.

The following has been stated namely: -

• It states that in the Table, after S. No. 7 and the entries relating thereto, a new S. No. 8 stating entries related to “Metal scrap” shall be inserted.

• This shall come into force on October 10, 2024.

[Notification no. - 06/2024-Union Territory Tax (Rate)]

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