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Corrigendum to Circular dated 05 July, 2019 No. 74/2019-TNGST - GST - States - 80/2019/TNGSTExtract GOVERNMENT OF TAMIL NADU COMMERCIAL TAXES DEPARTMENT OFFICE OF THE COMMISSIONER OF COMMERCIAL TAXES EZHILAGAM, CHENNAI-600 005 PRESENT: DR. T.V. SOMANATHAN, I.A.S., COMMISSIONER OF STATE TAX Circular No. 80/2019/TNGST (RC No.26/2019/A1/P P) Dated: 18.07.2019 Sub : Corrigendum to Circular dated 05 July, 2019 No. 74/2019-TNGST The following corrigendum is issued to the circular cited in the subject matter:- In para 5 of the Circular No. 74/2019-TNGST dated 05 th June, 2019, For Case 2 : The additional / penal interest is charged for a transaction between Y and M/s ABC Ltd., and the same is getting covered under Sl. No. 27 of notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 and Tamil Nadu Notification No. II(2)/CTR/532(d-15)/2017 dated 29.6.2017 [Issue No. 202]. Accordingly, in this case the penal interest charged thereon on a transaction between Y and M/s ABC Ltd. would not be subject to GST, as the same would not be covered under notification No. 12/2017-central Tax (Rate) dated 28.06.2017 and Tamil Nadu Notification No. II(2)/CTR/532(d-15)/2017 dated 29.6.2017 [Issue No. 202]. The value of supply of mobile by X to Y would be Rs. 40,000/- for the purpose of levy of GST. read, Case 2 : The additional / penal interest is charged for a transaction between Y and M/s ABC Ltd., and the same is getting covered under SI. No. 27 of notification No. 12/2017-CentraI Tax (Rate) dated 28.06.2017 and Tamil Nadu Notification No. II(2)/CTR/532(d-15)/2017 dated 29.6.2017 [Issue No. 202]. Accordingly, in this case the penal interest charged thereon on a transaction between Y and M/s ABC Ltd. would not be subject to GST, as the same would be covered under notification No.12/2017-central Tax (Rate) dated 28.06.2017 and Tamil Nadu Notification No. II(2)/CTR/532(d-15)/2017 dated 29.6.2017 [Issue No. 202]. The value of supply of mobile by X to Y would be Rs. 40,000/- for the purpose of levy of GST. Sd/- T.V.Somanathan Commissioner of State Tax Tamil Nadu
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