Notification No. 02/2018-Union Territory tax(rate), dt. 25-01-2018-Seeks to amend notification No. 12/2017- Union Territory Tax (Rate) so as to exempt certain services as recommended by Goods and Services Tax Council in its 25th meeting held on 18.01.201.

[TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

Government of India

Ministry of Finance

(Department of Revenue)

Notification No. 2/2018- Union Territory Tax (Rate)

New Delhi, the 25th January, 2018

G.S.R……(E).- In exercise of the powers conferred by sub-section (1) of section 8 of the Union Territory Goods and Services Tax Act, 2017 (14 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.12/2017- 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. 703(E), dated the 28th June, 2017, namely:-

3A Chapter 99 Composite supply of goods and services in which the value of supply of goods constitutes not more than 25 per cent. of the value of the said composite supply provided to the Central Government, State Government or Union territory or local authority or a Governmental authority or a Government Entity by way of any activity in relation to any function entrusted to a Panchayat under article 243G of the Constitution or in relation to any function entrusted to a Municipality under article 243W of the Constitution Nil .

19A Heading 9965 Services by way of transportation of goods by an aircraft from customs station of clearance in India to a place outside India. Nil Nothing contained in this serial number shall apply after the 30th day of September 2018.

19B Heading 9965 Services by way of transportation of goods by a vessel from customs station of clearance in India to place outside India.

Motor vehicle for transport of students, faculty and staff, to a person providing services of transportation of students, faculty and staff to an educational institution providing services by way of pre-school education and education upto higher secondary school or equivalent.

29A Heading 9971 or Heading 9991 Services of life insurance provided or agreed to be provided by the Naval Group Insurance Fund to the personnel of Coast Guard under the Group Insurance Schemes of the Central Government.

36A Heading 9971 or Heading 9991 Services by way of reinsurance of the insurance.

39A Heading 9971 Services by an intermediary of financial services located in a multi services SEZ with International
Financial Services Centre (IFSC) status to a customer located outside India for international financial services in  currencies other than Indian rupees (INR).

Explanation.- For the purposes of this entry, the intermediary of financial services in IFSC is a person,-

(i) who is permitted or recognised as such by the Government of India or any Regulator appointed for regulation of IFSC; or

(ii) who is treated as a person resident outside India under the Foreign Exchange Management (International Financial Services Centre) Regulations, 2015; or

(iii) who is registered under the Insurance Regulatory and Development Authority of India (International Financial Service Centre) Guidelines, 2015 as IFSC Insurance Office; or

(iv) who is permitted as such by Securities and Exchange Board of India (SEBI) under the Securities and Exchange Board of India (International Financial Services Centres) Guidelines, 2015.

Central Government, State Government, Union territory, local authority, Governmental Authority or Government Entity;”;

Central Government, State Government, Union territory, local authority, Governmental Authority or Government Entity.

Central Government, State Government, Union territory, local authority, Governmental Authority or Government Entity.

53A Heading 9985 Services by way of fumigation in a warehouse of agricultural produce services by way of fumigation in a warehouse of agricultural produce.

65A Heading 9991 Services by way of providing information under the Right to Information Act, 2005 (22 of 2005)
Nil.

An educational institution by way of conduct of entrance examination against consideration in the form of entrance fee.

(i) pre-school education and education up to higher secondary school or equivalent; or

(ii) education as a part of an approved vocational education course seven thousand five hundred.

“Services by way of right to admission to-

(a) circus, dance, or theatrical performance including drama or ballet;

(b) award function, concert, pageant, musical performance or any sporting event  other than a recognised sporting event;

(c) recognised sporting event;

(d) planetarium,

where the consideration for right to admission to the events or places as referred to in items (a), (b), (c) or (d) above is not more than Rs 500 per person.

 

Note: -The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 12/2017 – Union Territory Tax (Rate), dated the 28thJune, 2017, vide number G.S.R. 703 (E), dated the 28th June, 2017 and was last amended by notification No.47/2017 – Union Territory Tax (Rate), dated the 14th November, 2017 vide number G.S.R. 1410(E), dated the 14th November, 2017.

[F. No.354/13/2018 -TRU]
(Ruchi Bisht)
Under Secretary to the Government of India