India Extends Tax Exemption Deadline to September 30, 2018, u/s 7(4) of UTGST Act 2017.
The Government of India, through the Ministry of Finance and the Central Board of Indirect Taxes and Customs, issued Notification No. 12/2018 on June 29, 2018. This notification amends a previous notification to extend the exemption from tax payment under section 7(4) of the Union Territory Goods and Services Tax Act, 2017. The deadline for this exemption has been extended from June 30, 2018, to September 30, 2018. The amendment is made in the interest of the public based on the recommendations of the Council.
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