Corrigendum to Circular dated 05 July, 2019 No. 74/2019-TNGST

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..... ub : 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 05th 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. 12/2 .....

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..... l 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 .....

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