Ministry of Finance, through Notification No. 09/2024-Union Territory Tax (Rate), dated October 8, 2024, introduces an amendment under the Union Territory Goods and Services Tax (UTGST) Act, 2017. This amendment adds a provision that services related to renting of any immovable property, other than a residential dwelling, provided by an unregistered person will now require the registered recipient to pay the tax. The amendment applies to Notification No. 13/2017-Union Territory Tax (Rate) and will come into effect from October 10, 2024. This change ensures that registered persons bear the tax liability when renting commercial properties from unregistered suppliers, aligning it with similar provisions under the Central Goods and Services Tax (CGST) regime.
Also Read: Corrigendum to N/No. 09/2024-UTT(R)- Any property to be read as any immovable property
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 09/2024- Union Territory Tax (Rate) | Dated: 8th October, 2024
G.S.R. 624(E).— In exercise of the powers conferred by sub-section (3) of section 7 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), the Central Government, 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), notification no. 13/2017 -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. 704(E), dated the 28th June, 2017, namely: –
1. In the said notification, in the Table, after serial number 5AA and the entries relating thereto, the following serial number and entries relating thereto in columns (2), (3) and (4) shall be inserted, namely: –
| (1) | (2) | (3) | (4) |
| “5AB | Service by way of renting of |
Any unregistered person |
Any registered person.” |
2. This notification shall come into force with effect from the 10th day of October, 2024.
[F. No. 190354/149/2024-TO(TRU-II) – Part-I CBEC]
DILMIL SINGH SOACH, Under Secy.
Note: – The principal notification no. 13/2017 -Union Territory Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) , vide number G.S.R. 704 (E), dated the 28th June, 2017 and was last amended vide notification no. 14/2023 -Union Territory Tax (Rate), dated the 19th October, 2023 published in the Gazette of India, Extraordinary, Part II , Section 3 , Sub-section (i) vide number G.S.R. 767(E), dated the 19th October, 2023.
