Restrospective exemption from, or levy or collection of, Union territory tax in certain cases
Section 139 of the Finance Act, 2020 deals with restrospective exemption from, or levy or collection of, Union territory tax in certain cases. Retrospective exemption from, or levy or collection of, Union territory tax in certain cases 139.
Retrospective exemption from, or levy or collection of, Union territory tax in certain cases
139. (1) Notwithstanding anything contained in the notification of the Government of India in the Ministry of Finance (Department of Revenue) number G.S.R. 710(E), dated the 28th June, 2017, issued by the Central Government, on the recommendations of the Council, in exercise of the powers under sub-section (1) of section 7 of the Union Territory Goods and Services Tax Act, 2017, (14 of 2017)-
(i) no Union territory tax shall be levied or collected in respect of supply of fishmeal (falling under heading 2301), during the period commencing from the 1st day of July, 2017 and ending with the 30th day of September, 2019 (both days inclusive); (ii) Union territory tax at the rate of six per cent. shall be levied or collected in respect of supply of pulley, wheels and other parts (falling under heading 8483) and used as parts of agricultural machinery (falling under headings 8432, 8433 and 8436), during the period commencing from the 1st day of July, 2017 and ending with the 31st day of December, 2018 (both days inclusive). (2) No refund shall be made of all such tax which has been collected, but which would not have been so collected, had sub-section (1) been in force at all material times.
Section 139, The Finance Act, 2020.
Cross-references
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Questions about Section 139
What does Section 139 of the Finance Act deal with?
Section 139 of the Finance Act is headed "Restrospective exemption from, or levy or collection of, Union territory tax in certain cases". Retrospective exemption from, or levy or collection of, Union territory tax in certain cases 139.
How do I find court cases under Section 139 of the Finance Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2020 139, section 139 Finance Act 2020, section 139 of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 139 of the Finance Act, and has it changed?
Its own text turns on Union Territory Goods and Services Tax Act 7 (Chapter-LEVY AND COLLECTION OF TAX), so none of them can safely be read on its own. 7 other provisions in this corpus refer back to it.
When was the Finance Act enacted?
Finance Act was enacted in 2020. India Code records no commencement date for it. It is in force as at the date shown on this page.
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- 153. Amendment of Act 28 of 20161366 words
- 116. Substitution of new section for section 8B1203 words
- 95. Amendment of Section 206C1116 words
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