Inserts the Explanation in the Notification No. 12/2017- State Tax (Rate), dated the 30th June, 2017 - 23/2018 – State Tax - Delhi SGST

FINANCE (REVENUE-1) DEPARTMENT NOTIFICATION Delhi, the 2nd September, 2019 No. 23/2018 State Tax No. F. 3 (23)/Fin (Rev-I)/2019-20/ DS-VI/383 .-In exercise of the powers conferred by sub-section (3) of section 11 of the Delhi Goods and Services Tax Act, 2017 (03 of 2017), the Lt. Governor of National Capital Territory of Delhi, on the recommendations of the Council, and on being satisfied that it is necessary so to do for the purpose of clarifying the scope and applicability of the notification of the Government of National Capital Territory of Delhi, in the Department of Finance (Revenue-I) No.12/2017- State Tax (Rate), dated the 30th June, 2017, published in the Gazette of Delhi, Extraordinary, Part IV, vide no. F.3(15)/Fin(Rev-I)/2017-18/DS-VI/380, dated the 30th June, 2017, hereby inserts the following Explanation in the said notification, in the Table, against serial number 41, in column (3), namely:- Explanation.-For the purpose of this exemption, the Central Government, State Government or Union territory must have 50 percent ownership in the entity directly or through an entity which is wholly owned by the Central Government, State Government or Union territory. . 2. This notification shall be deemed to have come into force with effect from the 20th day of September, 2018. By Order and in the Name of the Lt. Governor of the National Capital Territory of Delhi, A. K. SINGH, Dy. Secy.-VI (Finance) Note : The principal notification No.12/2017-State Tax (Rate), dated the 30th June, 2017 was published in the Gazette of Delhi, Extraordinary, Part IV, vide no. F.3(15)/Fin(Rev-I)/2017-18/DS-VI/380 dated 30th June, 2017 and was last amended vide notification No. 14/2018-State Tax (Rate), dated 02.09.2019, vide No. F.3(5)/Fin. (Rev-I)/2019-20/DS-VI/371 dated 02.09.2019.