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Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 28 /2019- Union Territory Tax (Rate)
New Delhi, the 31st December, 2019
G.S.R......(E).- In exercise of the powers conferred by sub-section (3) and
sub-section (4) of section 7, sub-section (1) of section 8, and clause (iv) 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 and section 148 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.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:-
In the said notification, in the Table, against serial number 41, -
(a) in column (3), for the figure “50”, at
both the places where they occur, the figure “20 ” shall be substituted;
(b)
for the entry in column (5), the following entries shall be substituted, namely,
-
| (5) |
“Provided that the leased plots shall be used for the purpose for
which they are allotted,that is, for industrial or financial activity in
an industrial or financial business area:
Provided further that
the State Government concerned shall monitor and enforce the above
condition as per the order issued by the State Government in this
regard:
Provided also that in case of any violation or subsequent change of land
use, due to any reason whatsoever, the original lessor, original lessee
as well as any subsequent lessee or buyer or owner shall be jointly and
severally liable to pay such amount of Union territory tax, as would
have been payable on the upfront amount charged for the long term lease
of the plots but for the exemption contained herein, along with the
applicable interest and
penalty:
Provided also that the lease
agreement entered into by the original lessor with the original lessee
or subsequent lessee, or sub- lessee, as well as any subsequent lease or
sale agreements, for lease or sale of such plots to subsequent lessees
or buyers or owners shall incorporate in the terms and conditions, the
fact that the Union territory tax was exempted on the long term lease of
the plots by the original lessor to the original lessee subject to above
condition and that the parties to the said agreements undertake to
comply with the same.”. |
2. This notification shall come into force with effect from the 1st day of January, 2020.
[F. No. 354/204/2019- TRU]
(Ruchi Bisht)
Under Secretary to the
Government of India
Note: -The principal
notification No. 12/2017 - Union Territory Tax (Rate), dated the
28th June, 2017 was published in the Gazette of India,
Extraordinary, vide number G.S.R. 703 (E),dated the 28th June, 2017 and was last
amended by
notification No. 21/2019 - Union Territory Tax (Rate), dated the
30th September, 2019 vide number G.S.R. 735 (E), dated the
30th September, 2019.
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