Home India Ministry of Finance In exercise of the powers conferred under sub section 1 of s...
Date: 2018-05-21 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred under sub section 1 of section 22 of the

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

**Policy Summary:** This notification, issued by the Ministry of Finance's Department of Revenue, rescinds two prior notifications related to the Union Territory Goods and Services Tax (UTGST). Specifically, notification number G.S.R. 470(E) rescinds notification number G.S.R. 315(E), and notification number G.S.R. 471(E) rescinds notification number G.S.R. 319(E). Both G.S.R. 315(E) and G.S.R. 319(E) were dated March 31, 2018, and published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection i. These rescissions are enacted under the authority of subsection 1 of section 22 of the Union Territory Goods and Services Tax Act, 2017 (No. 14 of 2017) and section 164 of the Central Goods and Services Tax Act, 2017 (No. 12 of 2017), read with clause (d) of sub-rule 14 of rule 138 of the Central Goods and Services Tax Rules, 2017, based on the recommendation of the Council. The rescissions take effect from May 25, 2018. The issuing officer is Rajendra Kumar Jatav, Under Secretary. The file number is S. 31011252017-STIDoR. The original notifications were issued in New Delhi on May 21, 2018.

Key Entities Referenced

Union Territory Goods and Services Tax Act, 2017: A tax law enacted in 2017, specifically related to Union Territories. Central Goods and Services Tax Act, 2017: A central tax law enacted in 2017. Central Goods and Services Tax Rules, 2017: Rules pertaining to the Central Goods and Services Tax Act, 2017. G.S.R. 470E: Notification number related to Union Territory Tax. G.S.R. 471E: Notification number related to Union Territory Tax. G.S.R. 315E: A notification rescinded by this document. G.S.R. 319E: A notification rescinded by this document. Ministry of Finance, Department of Revenue: The Government Ministry and Department issuing the notification.
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