To amend notification No. 12/ 2017- Union Territory Tax (Rate) so as to exempt certain services as recommended by GST Council in its 38th meeting held on 18.12.2019.

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..... /2019- Union Territory Tax (Rate) New Delhi, the 31st December, 2019 G.S.R. 974 (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 .....

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..... 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 a .....

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..... 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 .....

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