Union Territory Tax (Rate) – seeks to exempt Union Territory tax on supply of gold, silver or platinum by nominated agencies to registered persons.
26/2018 Dated:- 31-12-2018 Union Territory GST (UTGST) Rate
GST
UTGST Rate
UTGST Rate
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 26/2018-Union Territory Tax (Rate)
New Delhi, the 31st December, 2018
G.S.R. 1269 (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 exempts the intra-State supply of 2[gold, silver or platinum] falling in 3[Chapter 71] of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), when supplied by Nominated Agency under the scheme for “Export Against Supply by Nominated Agency” as referred to in 5[paragraph 4.40] o
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(iii) wherever such proof of export is not produced within the period mentioned in condition (ii), the Nominated Agency shall pay the amount of Union territory tax payable on the quantity of 2C[gold, silver or platinum] not exported, along with interest from the date when the said tax on such supply was payable, but for the exemption.
Explanation. – For the purpose of this notification, –
6[(a) “Foreign Trade Policy” means the Foreign Trade Policy, 2023, notified by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2023 dated the 31st March, 2023, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (ii) vide S.O. 1565 (E). dated the 31st March, 2023;]
7[(b) “Handbook of Procedures” means the Handbook of Procedure, notified by the Government of India in the Ministry of Commerce and Industry vide Public Notice No. 01/2023 dated the 1st April, 2023, Extraordinary, Part-I, Section 1 vide F. No. 01/75/171/00016/AM-23/
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ion No. 17/2019-Union Territory Tax (Rate) dated 30-09-2019 w.e.f. 01-10-2019 before it was read as, “gold”
2C.
Substituted vide Notification No. 17/2019-Union Territory Tax (Rate) dated 30-09-2019 w.e.f. 01-10-2019 before it was read as, “gold”
3.
Substituted vide Notification No. 17/2019-Union Territory Tax (Rate) dated 30-09-2019 w.e.f. 01-10-2019 before it was read as, “heading 7108”
4.
Substituted vide Notification No. 17/2019-Union Territory Tax (Rate) dated 30-09-2019 w.e.f. 01-10-2019 before it was read as,
“(d) “Heading” means heading as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)”
5.
Substituted vide Notification No. 10/2023-Union Territory Tax (Rate) dated 26-07-2023 w.e.f. 27-07-2023 before it was read as, “paragraph 4.41”
6.
Substituted vide Notification No. 10/2023-Union Territory Tax (Rate) dated 26-07-2023 w.e.f. 27-07-2023 before it was read as,
“(a) “Foreign Trade Policy ” means the Foreign Trade Policy, 2015-2020, notifi
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