If Aadhaar authentication is completed (Rule 8(4A)), but further verification is needed based on risk profile (Rule 9(aa)), processing will occur within 30 days of submission.

  Online tracking module updates will reflect processing status changes for registration applications.

  This notification notifies the "Public Tech Platform for Frictionless Credit" (an open architecture information technology platform, conceptualised by the Reserve Bank of India) as the designated system for sharing information through the common portal based on consent, to facilitate credit-related processes or transactions under sub-section (2) of Section 158A of the Central Goods and Services Tax Act, 2017

New Features of the revamped E-Invoice Master Information Portal are as follows:

  New features include PAN-based search, automatic e-invoice exemption list, global search bar, enhanced local search, revamped advisory and FAQ section, daily IRN count statistics, dedicated mobile app section, improved accessibility compliance, and updated website policy.

  Introduction of internal e-invoice comprehensive health dashboard for better monitoring.

  Accessibility of e-invoicing reporting for eligible taxpayers via online, APIs, and mobile app, free of cost.

  Launch of e-invoice QR code verifier app for verification and search IRN functionality.

  Taxpayers can verify the authenticity of any communication, including summons, from the Central Board of Indirect Taxes and Customs (CBIC) through the 'VERIFY CBIC-DIN' window on the CBIC's website

  The CBIC has warned against fake GST summons and urged taxpayers to verify any communication received from GST authorities

  Taxpayers can also use the DIN Utility Search on the Directorate of Data Management (DDM), CBIC's online portal, to verify the authenticity of communications.

  Individuals receiving suspicious or potentially fake summons from DGGI / CBIC formations are encouraged to report them to the respective jurisdictional DGGI / CBIC office for verification and necessary action against the perpetrators.

Interim Budget 2024 Highlights with regard to Taxation

  The FM proposes no changes in the existing tax rates for direct and indirect taxes, including import duty.

  The government will withdraw old disputed direct tax demands of up to INR 25,000 related to F.Y. 2009-2010. In addition, outstanding direct tax demands of up to INR 10,000 will be withdrawn pertaining to F.Y. 2010-2011 to F.Y. 2014-2015.

  The Tax Breaks for start-ups, sovereign wealth investors, and pension funds will be extended until March 31, 2025.

However there are some changes proposed in the Finance Bill 2024 in the GST Act with regard Input distributor and penalty for non-registration of machines used in the manufacture of specified goods as noted hereunder.

  Clause 12 seeks to amend in Section 2(61) and Section 20 of the CGST Act to make distribution of credit by ISD mandatory where an office of a supplier receives invoices (including where GST is payable under Reverse Charge) for and on behalf of its distinct person.

  Clause 13 seeks to insert Section 122A in the CGST Act to prescribe a penalty for running unregistered machines used in manufacture of specified goods i.e., pan masala, tobacco and related tobacco products as per special procedure notified under Section 148

The amended provisions will come into effect after enactment of Finance Bill 2024.

  The amendment focuses on Table II of the 02/2017 Central Tax notification, in which changes are being introduced to serial number 83, column (3), clause (ii). The modification involves the insertion of the figure and letter "411069," after the existing "411060."

  Registered taxpayers must submit their bank account details within 30 days of registration grant or before the due date of filing GSTR-1/IFF, whichever comes earlier.

  Taxpayer registration suspension after 30 days with intimation in FORM REG-31

  If the taxpayer updates bank account details in response to FORM REG-31, suspension is automatically revoked.

  If bank account details aren't updated after 30 days of FORM REG-31 issuance, registration may be considered for cancellation by the Officer.

  Notification No. 26/2022 – Central Tax, issued on December 26, 2022, introduced two new tables, Table 14 and Table 15, in the GSTR-1 form. These tables are designed to capture detailed information about supplies conducted through e-commerce operators (ECO).

  These newly added tables are now active on the GST common portal.

  Extension of due date for filing of return in FORM GSTR-3B for the month of November, 2023 for the persons registered in certain districts of Tamil Nadu.

  Extension of due date for filing FORM GSTR-9 and FORM GSTR-9C for the Financial Year 2022-23 for the persons registered in certain districts of Tamil Nadu.

  Seeks to rescind Notification No. 30/2023-CT dated 31^st July, 2023

  Seeks to notify special procedure to be followed by a registered person engaged in manufacturing of certain goods.

  The amendments specified in the notification relate to Schedule I – 2.5%. The changes involve replacing certain entries against S. No. 165 and 165A in column (2) with new entries: “2711 12 00, 2711 13 00, 2711 19 10”.

  Seeks to extend dates of specified compliances in exercise of powers under section 168A of CGST Act

  This announcement introduces an extension for taxpayers to declare their opening balance for ITC (Input Tax Credit) reversal until January 31, 2024

  The due date for filing the GSTR 3B return of November 2023 for registered persons whose principal place of business is in the districts of Chennai, Tiruvallur, Chengalpattu, and Kancheepuram in the state of Tamil Nadu is extended to 27/12/2023.

  After successful rollout of Two Factor Authentication (2FA) feature for GST portal login in Haryana Govt. is planning to extend 2FA to Punjab, Chandigarh, Uttarakhand, Rajasthan, and Delhi in the 1st phase. Planned rollout for all states in India in the 2nd phase.

  Taxpayers required to enter user ID and password, followed by a one-time password (OTP) delivered to the Primary Authorized Signatory's mobile number and email and therefore Taxpayers to maintain updated email and mobile number of the authorized signatory on the GST Portal.

  OTP entry will be required only when changing system (desktop/laptop/browser) or location.

  Rollout of 2FA solution scheduled to commence on December 1st, 2023.

  Advisory for Pilot Project of Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Andhra Pradesh

  This amendment to Notification No. 27/2022 dated December 26, 2022, seeks to extend biometric-based Aadhaar authentication for GST registration in the State of Andhra Pradesh in addition to "State of Gujarat and the State of Puducherry".

  This Advisory is to remind the taxpayers of their legal obligation to reverse the Input Tax Credit (ITC) availed during 2022-23 on any invoice or debit note, the details of which have been furnished by their supplier in their GSTR-1/IFF but the return in FORM GSTR-3B for the same has not been furnished by their supplier till the 30th day of September 2023. The ITC has to reversed through Table 4(B) (2) of the return in FORM GSTR-3B to be furnished on or before the 30th day of November 2023, in terms of Rule 37A of CGST Rules, 2017. It is further stated that to facilitate reversal the details of such ITC amount to be reversed for the Financial Year 2022-23 has been communicated to the concerned recipients through email on their registered email IDs

IE-way Bill System Issues Advisory on Verification of Transporter ID in E-way Bills

  This Advisory is about the amnesty granted to file the Appeal in GST portal for the orders passed upto March 31, 2023 by January 2024. The taxpayers should make payments for entertaining the appeal by the Appellate officer as per the provisions of Notification No. 53/2023 choosing Cash / Credit ledgers appropriately. If a taxpayer has already filed an appeal and wants to avail the benefit of the amnesty scheme would need to make differential payments as specified under Notification No. 53/2023. The payment should be made against the demand order using the 'Payment towards demand' facility available on the GST portal. Taxpayers with queries or requiring assistance can raise complaints on the official website at https://selfservice.gstsystem.in.

  GSTN Advisory on Pilot Project for GST Registration Applicants in Gujarat and Puducherry

  Seeks to notify a special procedure for condonation of delay in filing of appeals against demand orders passed until 31^st March, 2023.

  It has been clarified vide this Circular that Imitation zari thread or yarn made from metallised polyester film/ plastic film falling under HS 5605 are covered by Sl No. 218AA of Schedule I attracting 5% GST based on the recommendation of the GST Council in its 52ndmeeting held on 7th October, 2023.

  Clarifications regarding applicability of GST on certain services.

  The circular clarifies that when Indian exporters of services are paid in INR from Special Rupee Vostro Accounts of correspondent banks in partner trading countries, opened by AD banks, it fulfills the conditions of sub-clause (iv) of Section 2(6) of the IGST Act, 2017.

  The CBIC has clarified that with effect from 01/10/2023 for services related to the transportation of goods, except for mail and courier, when either the service provider or recipient is located outside India, the place of supply will be determined using the default rule outlined in section 13(2) and not as performance based services under sub-section (3) of section 13 of IGST Act due to omission of sub-section (9) of section 13 of IGST Act vide section 162 of Finance Act, 2023

  The CBIC has clarified on the taxability of providing personal bank guarantees by Directors to banks and by Holding Company to its subsidiary Companies as follows:

1) In the case of guarantee provided by the Directors, when no consideration is paid by the Company, the open market value of the said transaction/ supply may be treated as zero and therefore, taxable value of such supply may be treated as zero. In such a scenario, no tax is payable on such supply of service by the director to the company.

(2) Regarding cases of supply of services by a related person to another person, or by a holding company to a subsidiary company, in the form of providing corporate guarantee on their behalf to a bank/ financial institution, the taxable value of such supply of services, will henceforth be determined as per the provisions of the sub-rule (2) of Rule 28 of CGST Rules, i.e 1% of the guarantee Value or consideration paid whichever is higher irrespective of whether full ITC is available to the recipient of services or not.

Seeks to make amendments (Fourth Amendment, 2023) to the CGST Rules, 2017

Seeks to notify supplies and class of registered person eligible for refund under IGST Route

  Seeks to amend Notification No 11/2017- Central Tax (Rate) dated 28.06.2017.

  Seeks to amend Notification No 01/2017- Central Tax (Rate) dated 28.06.2017.

  Seeks to amend Notification No 8/2017- Integrated Tax (Rate) dated 28.06.2017.

  Seeks to amend Notification No 01/2017- Integrated Tax (Rate) dated 28.06.2017

Person supplying of Online Money Gaming services or OIDAR or Both– Form GST REG-10 and Form GSTR-5A

Facility of enrolment for supply of goods through e-commerce operators by GST un-registered suppliers.

Union Finance Minister Nirmala Sitaraman chaired the 52ndmeeting of the GST Council held on 07thOctober, 2023 at New Delhi.

Advisory in respect of introduction of Compliance Pertaining to DRC-01C (Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-R3B)

GSTN announces the availability of the e-Invoice JSON download feature on the GST Portal. Users can download e invoices generated by them or received by them either in PDF format or in JSON format.

As per the advisory in the GSTN portal, there would be a temporary interruption in the auto-population of e-Invoice data into the GSTR-1 system from 26/09/2023 to 29/09/2023 due to system upgradation which will also affect all six IRP portals .

  It is notified that the provisions of the Central Goods and Services Tax (Amendment) Act, 2023 related to GST leviability on line Gaming will come into effect from the 1st day of October, 2023.

  It is notified that supply of on line gaming, actionable claims in casinos and online money gaming have been notified as a separate class of supply for valuation under Section 15(5) of GST Act with effect from 01/10/2023.

  By this amendment to Notification No. 66/2017 CT the registered persons involved in the supply of specified actionable claims by way of betting, casinos, gambling, horse racing, lottery or online money gamingexcluded from the composition levy benefits and this amendment come into effect from 01/10/2023.

  Amendment to GST Rules in respect of registration processes, Valuation and Forms relating to online money gaming and casino notified. This notification comes into effect from 01/10/2023.

  New entry No. 227A inserted for Specified Actionable claims and Entry No. 228 relating to lottery and entry No. 229 relating to betting, gambling, horse racing were omitted in Schedule IV relating to 28% rate. This Notification comes into force from 01/10/2023.

  It is notified that the provisions of the Integrated Goods and Services Tax (Amendment) Act, 2023 related to GST leviability on online Gaming will come into effect from the 1st day of October, 2023.

  It is notified that ,with effect from 01/10/2023,.the supply of online money gaming as the supply of goods on import of which, integrated tax shall be levied and collected under sub-section (1) of section 5 of the IGST Act,2017 and not under the provisions of section 3 of the Customs Tariff Act, 1975

  It is notified that the Principal Commissioner of Central Tax, Bengaluru West and all the officers subordinate to him as the officers empowered to grant registration in case of supply of online money gaming provided or agreed to be provided by a person located in non-taxable territory and received by a person in India. This Notification comes into effect from 01/10/2023.

  New entry No. 227A inserted for Specified Actionable claims and Entry No. 228 relating to lottery and entry No. 229 relating to betting, gambling, horse racing were omitted in Schedule IV relating to 28% rate. This Notification comes into force from 01/10/2023.

  As per the amendment notified vide this notification the GST liability on the services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India has been withdrawn with effect from 01/10/2023.

  Vide this amendment the exemption from Tax has been extended to services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India received by persons specified in the entry No 10 with effect from 01/10/2023.

  By this amendment the liability to pay GST under RCM for the services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India by the recipient importer has been removed with effect from 01/10/2023.

Vide this Notification the date of implementation of special procedure to be followed by registered persons engaged in manufacturing specific goods, as specified in notification No 30/2023 dated 31/07/2023 is notified as 01/01/2024.

GSTN has issued an advisory announcing the activation of geocoding functionality for "Additional Place of Business" addresses across all states and union territories in India.

  The system will display a system-generated geocoded address, which taxpayers can either accept or modify as needed.

  If a system-generated address is not available, taxpayers can input the geocoded address directly.

  Taxpayers who have already geocoded their addresses through new registration or core amendment are not required to repeat this process.

  The geocoding feature is accessible to various types of taxpayers, including normal taxpayers, composition taxpayers, SEZ units, SEZ developers, ISD, and casual taxpayers, regardless of whether they are active, canceled, or suspended.

The appointment of Adjudicating Authority for the Show Cause Notice issued to M/s. Inkuat Infrasol Pvt. Ltd, Bhiwandi, Thane Notified.

As per the new update from E invoice system, effective from 01/11/2023, two factor authentication is mandatory for all taxpayers with Aggregate Annual Turnover (AATO) exceeding Rs 20 Crores to interact with e invoice system portal .

Effective from 01/11/2023, all taxpayers with Aggregate Annual Turnover greater than or equal to 100 crores will have to report all the documents like invoices, credit / debit notes etc, (for which IRN generation is mandated) in e invoicing portal, within 30 days from the date of issue of such document/s and so reporting of these documents older than 30 days from the date of issue of such document will not be allowed in e invoicing portal.

Brief gist of Rule 31B on valuation supply in online gaming

  Valuation of of supply of online gaming, including supply of actionable claims involved in online money gaming, is the total amount paid / deposited

  Value of amount returned or refunded by the player shall not be excluded.

  Any amount received by the player which is used for further event without withdrawing, shall not be considered as the amount paid to or deposited by the player.

Brief gist of Rule 31C on valuation supply of actionable claim by Casinos

  Valuation of of supply of actionable claim by Casinos is total amount paid for purchase of the tokens, chips, coins or tickets, by whatever name called, for use in casino oramount paid for events not requiring tokens, chips, coins or tickets

  Value of amount returned or refunded by the player shall not be excluded.

  Any amount received by the player which is used for further event without withdrawing, shall not be considered as the amount paid to or deposited by the player.

It has been notified vide Notification No. 78/2020 dated 15th Oct 2020 that the tax payers having Aggregate Annual Turn Over (AATO) above Rs 5 Crores, shall use atleast 6 digit HSN code and other tax payers shall use atleast 4 digit HSN code, in E- Invoices and E-Way Bills, but hitherto it is not made mandatory. It is now advised that the HSN code specified above will be made mandatory with effect from 01/10/2023 in e- invoice and e way bill generating systems.

In terms of Section 83 (1) of the CGST Act the proper GST authority is empowered to issue orders for the provisional attachment of property, such as bank accounts, when it is necessary, to protect revenue interests. However Section 83(2) of the CGST Act states that such provisional attachments shall cease to have effect after one year from the date of the order issued under Section 83(1). In such cases where provisional attachments stop to have effect after one year, the Advisory prescribes the procedure to be followed by the concerned Commissioner that they should intimate the concerned Authority / Bank, for release / restoration of the attached property / Bank Account, drawing attention to the attachment order and provisions of Section 83(2), marking a copy of such intimation to the person concerned.

A new ledger namely "Electronic Credit and Re-claimed Statement" is being introduced on the GST portal

Biometric-based Aadhaar Authentication is being launched in Puducherry from 30th August, 2023