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Press release on ‘Beware of Fake GST Summons: CBIC Caution

  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.

Click to view / Download Press Release

Date : 10/02/2024

Budget 2024 Highlights

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 In addition, outstanding direct tax demands of up to INR 10,000 will be withdrawn pertaining to F.Y. 2010-2011 to F.Y. 2014-2015.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

Click to view / Download Press Release

Date : 01/02/2024

CBIC - CGST Notification Issued on 30/01/2024

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."

Click to view / Download Notification

Date : 30/01/2024

Mandatory Bank Account Submission Advisory under CGST Rules, 2017 (Rule 10A)

  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.

Click to view / Download Advisory

Date : 23/01/2024

GSTN Advisory on introduction of new Tables 14 & 15 in GSTR

  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.

Click to view / Download Advisory

Date : 15/01/2024

CBIC - CGST Notification Issued on 05/01/2024

S.No.

Notification No.

Date

Subject

1.

01/2024-Central Tax

05/01/2024

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.

2.

02/2024-Central Tax

05/01/2024

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.

3.

03/2024-Central Tax

05/01/2024

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

4.

04/2024-Central Tax

05/01/2024

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

Click to view / Download Notification

Date : 05/01/2024

CGST Notification - Amendments to Schedule I - 2.5% Effective from January 4, 2024

  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”.

Click to view / Download Notification

Date : 04/01/2024

IGST Notification - Amendments to Schedule I - 2.5% Effective from January 4, 2024

  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”.

Click to view / Download Notification

Date : 04/01/2024

GSTN Advisory on Date extension for reporting opening balance for ITC reversal

  GST portal introduced the Electronic Credit and Re-claimed Statement to assist taxpayers in accurately tracking ITC reversal and reclamation, minimizing errors in reporting.

  Taxpayers can now declare their opening balance for ITC reversal until January 31, 2024,

  After declaring the opening balance, only three chances will be provided for amendments in case of inaccuracies or mistakes in reporting.

  Taxpayers can amend their declared opening balance for ITC reversal until February 29, 2024

Click to view / Download Advisory

Date : 29/12/2023

CGST Notification - Extension of Time Limits

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

Click to view / Download Notification

Date : 28/12/2023

CGST Notification - Extension of GSTR-3B Filing Deadline for November 2023 in Select Tamil Nadu Districts

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.

Click to view / Download Notification

Date : 20/12/2023

GSTN Advisory on Two-factor Authentication for GST portal login

  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.

Click to view / Download Advisory

Date : 01/12/2023

GSTN Advisory on Pilot Project Advisory for GST Registration Applicants in Andhra Pradesh

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

Click to view / Download Advisory

Date : 01/12/2023

CGST Notification - Biometric Aadhaar Authentication for GST Registration in 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".

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Date : 18/11/2023

GSTN Advisory on ITC Reversal on Account of Rule 37(A)

  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.

Click to view / Download Advisory

Date : 15/11/2023

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

  Pursuant to the queries/clarifications received from some transporters and taxpayers regarding the verification of transporter Id in the e-waybill system and further on analysis it is observed that some of the ERP, GSP, ASP, SAP and other automated systems are not verifying the transporter Id of all the given types, this Advisory is issued urging the taxpayers / Transporters to use the API ‘Get TRANSIN Details’ also, in addition to ‘Get GSTIN details’ API and also suggesting that the ERP system may be modified to first call the ‘Get GSTIN Details’ to verify the transporter Id and in case the status is invalid then call ‘Get TRANSIN details’ API before finally concluding the status of the transporter Id.

  The Advisory also explains the following two options provided under the Search option in the main menu of e way bill portal to verify the GST taxpayers and transporters, namely:-

1. Taxpayers: This option returns the details of the taxpayers registered under GST.

2. Transporters: This options returns the details of the taxpayers registered under GST as well as the status of the enrolled and common enrolled transporters. So, for verifying the transporters, this option may be used instead of the previous one.

Click to view / Download Advisory

Date : 11/11/2023

GSTN Advisory on Procedures for Taxpayers Missing Appeal Filing Deadline for Orders Preceding March 31, 2023

  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.

Click to view / Download Advisory

Date : 11/11/2023

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

  Amendment to Rule 8 of the CGST Rules, 2017 has been made to enable the use of Biometric-based Aadhaar Authentication for applicant identification, along with photograph and document verification.

  GSTN has developed this functionality, which was launched in Puducherry on August 30, 2023, and will be implemented in Gujarat on November 7, 2023.

  After submitting Form GST REG-01, applicants will receive one of two links via email: OTP-based Aadhaar Authentication or appointment booking at a GST Suvidha Kendra (GSK) for Biometric-based Aadhaar Authentication and document verification.

  If an applicant receives the OTP link, they can proceed with the existing process. If the applicant receives the appointment booking link, they must schedule an appointment at the designated GSK and visit according to the chosen schedule.

  When visiting the GSK, applicants must bring the appointment confirmation, jurisdiction details, Aadhaar Number, and original documents uploaded with the application, as communicated in the intimation email.

  The applicant should choose an appointment within the maximum permissible period indicated in the intimation email. Once Biometric-based Aadhaar Authentication and document verification are completed, ARNs will be generated.

  The appointment booking feature is currently available for Gujarat applicants and will be extended to other notified States/UTs soon

Click to view / Download Advisory

Date : 06/11/2023

CBIC - CGST Notification Issued on 02/11/2023

This notification has been issued for notifying the Amnesty Scheme for condonation of delay in filing GST Appeals on the recommendations of the Council. The salient features and specified conditions to be complied with to avail the scheme are:

  This scheme applies to the order passed by the proper officer under Sec. 73 or 74 of the GST Act on or before 31/03/2023 and in respect of the Appeal rejected solely on the grounds of time-bar / delay.

  Admitted tax / interest / penalty /fine/ fee should have been paid.

  12.5% of the balance tax should have been deposited and also at least twenty percent of such deposit should have been paid by debiting from the Electronic Cash Ledger.

  No refund of excess amount if any deposited would be paid till disposal of the appeal.

  No appeal under this notification shall be admissible in respect of a demand not involving tax.

Click to view / Download Notification

Date : 03/11/2023

CBIC - CGST Circular Issued on 31/10/2023

S.No.

Circular No.

Date

Subject

1.

205/17/2023-GST

31/10/2023

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.

2.

206/18/2023-GST

31/10/2023

Clarifications regarding applicability of GST on certain services.

Click to view / Download Circular

Date : 01/11/2023

CBIC - CGST Circular Issued on 27/10/2023

S.No.

Circular No.

Date

Subject

1.

202/14/2023-GST

27/10/2023

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.

2.

203/15/2023-GST

27/10/2023

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

3.

204/16/2023-GST

27/10/2023

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, 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.

Click to view / Download Circular

Date : 30/10/2023

CBIC - CGST Notification Issued on 26/10/2023

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

Click to view / Download Notification

Date : 27/10/2023

CBIC - IGST Notification Issued on 26/10/2023

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

Click to view / Download Notification

Date : 27/10/2023

CBIC - CGST (Rate) Notification Issued on 19/10/2023

S.No.

Notification No.

Date

Subject

1.

12/2023- Central Tax(Rate)

19/10/2023

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

2.

13/2023- Central Tax(Rate)

19/10/2023

Seeks to amend Notification No 12/2017- Central Tax (Rate) dated 28.06.2017.

3.

14/2023- Central Tax(Rate)

19/10/2023

Seeks to amend Notification No 13/2017- Central Tax (Rate) dated 28.06.2017

4.

15/2023- Central Tax(Rate)

19/10/2023

Seeks to amend Notification No 15/2017- Central Tax (Rate) dated 28.06.2017.

5.

16/2023- Central Tax(Rate)

19/10/2023

Seeks to amend Notification No 17/2017- Central Tax (Rate) dated 28.06.2017.

6.

17/2023- Central Tax(Rate)

19/10/2023

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

7.

18/2023- Central Tax(Rate)

19/10/2023

Seeks to amend Notification No 02/2017- Central Tax (Rate) dated 28.06.2017.

8.

19/2023- Central Tax(Rate)

19/10/2023

Seeks to amend Notification No 04/2017- Central Tax (Rate) dated 28.06.2017.

9.

20/2023- Central Tax(Rate)

19/10/2023

Seeks to amend Notification No 05/2017- Central Tax (Rate) dated 28.06.2017.

Click to view / Download Notification

Date : 20/10/2023

CBIC- IGST (Rate) Notification Issued on 19/10/2023

S.No.

Notification No.

Date

Subject

1.

15/2023- Integrated Tax (Rate)

19/10/2023

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

2.

16/2023- Integrated Tax (Rate)

19/10/2023

Seeks to amend Notification No 9/2017- Integrated Tax (Rate) dated 28.06.2017.

3.

17/2023- Integrated Tax (Rate)

19/10/2023

Seeks to amend Notification No 10/2017- Integrated Tax (Rate) dated 28.06.2017.

4.

18/2023- Integrated Tax (Rate)

19/10/2023

Seeks to amend Notification No 12/2017- Integrated Tax (Rate) dated 28.06.2017.

5.

19/2023- Integrated Tax (Rate)

19/10/2023

Seeks to amend Notification No 14/2017- Integrated Tax (Rate) dated 28.06.2017.

6.

20/2023- Integrated Tax (Rate)

19/10/2023

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

7.

21/2023- Integrated Tax (Rate)

19/10/2023

Seeks to amend Notification No 02/2017- Integrated Tax (Rate) dated 28.06.2017.

8.

22/2023- Integrated Tax (Rate)

19/10/2023

Seeks to amend Notification No 04/2017- Integrated Tax (Rate) dated 28.06.2017.

9.

23/2023- Integrated Tax (Rate)

19/10/2023

Seeks to amend Notification No 05/2017- Integrated Tax (Rate) dated 28.06.2017

Click to view / Download Notification

Date : 20/10/2023

     GSTN Advisory on Online Money Gaming and OIDAR Registration and Reporting

  Every person located outside taxable territory making supplies of online money gaming to a person in India is now mandated to take registration or amend his existing registration in accordance with the proposed Row (iia) in FORM GST REG-10 and also required to furnish information regarding the supplies in the proposed Tables 5D & 5E in FORM GSTR- 5A.

It has been advised that till GSTN develop and make available the new requirement in the existing Form GST REG 10 and Form GSTR 5A, the following procedure should be followed -

Registration (Form GST REG-10):

  The application for New registrations for online money gaming may be filed in the existing Form GST REG-10.m GST REG-10.

  Along with the application, they should upload a PDF copy of the information to be furnished in Row (ii a) of the amended FORM GST REG-10 in the "Documents Upload" section of Part-A of existing Form REG 10

Return (Form GSTR-5A):

  Persons providing online money gaming services are required to furnish the details of their supplies in Table 5D and 5E of Form GSTR-5A.

  Until the required tables Table 5D and 5E are added to Form GSTR-5A in the GST portal, persons engaged in online money gaming are advised to provide such details regarding their supplies in the existing Tables 5 and 5A of Form GSTR-5A itself

Click to view / Download Advisory

Date : 19/10/2023

     GSTN Advisory on Enrollment for GST-Unregistered Suppliers on E-commerce Platforms

  Exemption from mandatory GST registration for individuals supplying goods through e-commerce operators (ECOs) under certain conditions has been notified vide Notification No. 34/2023 Central Tax dated 31/07/2023.

  Now the GSTN has developed the functionality for unregistered persons on GST portal and the steps to be followed are as under:

  1. To Access the GST Portal at https://www.gst.gov.in w.gst.gov.in w.gst.gov.in w.gst.gov.in

  2. To Select the "User Services" tab on the main menu and Choose the option "Generate User ID for Unregistered Applicant."d Applicant."

  3. Click "Yes" on the warning window that prompts to continue with the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process. the process.

  4. Check the box that reads, "To apply as a supplier to e-commerce operators."

  5. Fill out the form that opens on the screen with the required details.

  6. After successful validation of the concerned unregistered applicant’s PAN, the portal will generate the enrollment number

Click to view / Download Advisory

Date : 13/10/2023

52nd GST Council Meeting - October 07, 2023

  Union Finance Minister Nirmala Sitaraman chaired the 52nd meeting of the GST Council held on 07th October, 2023 at New Delhi. The matters discussed in the meeting and the recommendations of the council are summarised hereunder:

I. Recommended Changes in GST Tax Rates

(a) Proposed Reduction in GST rates in Goods

Recommended Rate

HSN

Description of Goods

Existing Rate

Recommended Rate

Condition

1901

Food preparation of millet flour in powder form containing at least 70% millets by weight

(a) If sold other than in pre-packaged and labelled form or loose form

(b) If sold in pre-packaged and labelled form

5%

 

Nil

 

5%

5605

Imitation zari thread or yarn made out of mettallised polyester film / plastic film

12%

5%

However, no refund will be allowed on polyester film (metallised) /plastic film on account of inversion.

1703

Molasses

28%

5%

The GST rate notification will be amended to create an entry forExtra Neutral Alcohol(ENA) for industrial use attracting 18% GST while keeping ENA used for manufacture of alcoholic liquor out of GT ambit.

II. Recommendations relating to GST rates on Services

  To clarify that job work services for processing of barley into malt attracts GST @ 5% as applicable to "job work in relation to food and food products” and not 18%

  To tax supply of all goods and services by Indian Railways under Forward ChargeMechanism to enable them to avail ITC.

  With effect from 1st January 2022, liability to pay GST on bus transportation services supplied through Electronic Commerce Operators (ECOs) has been placed on the ECO under section 9(5) of CGST Act, 2017 as a trade facilitation measure to alienate the GST compliance burden on small bus operators. Now it has been recommended that bus operators organised as companies may be excluded from the purview of section 9(5) of CGST Act, 2017 to enable them to pay GST on their supplies using their ITC

  Entries at Sl. No. 3 and 3A of notification No. 12/2017-CTR dated 28.06.2017 exempts pure and composite services provided to Central/State/UT governments and local authorities in relation to any function entrusted to Panchayat/ Municipality under Article 243G and 243W of the Constitution of India. The GST Council has now recommended to extent the exemption to services of water supply, public health, sanitation conservancy, solid waste management and slum improvement and upgradation supplied to Governmental Authorities also.

III. Measures for facilitation of trade:

  The Council has recommended providing an amnesty scheme through a special procedure under section 148 of CGST Act, 2017 for taxable persons, who could not file an appeal under section 107 of the said Act, against the demand order under section 73 or 74 of CGST Act, 2017 passed on or before the 31st day of March, 2023, or whose appeal against the said order was rejected solely on the grounds that the said appeal was not filed within the time period specified in sub-section (1) of section 107. In all such cases, filing of appeal by the taxpayers will be allowed against such orders upto 31st January 2024, subject to the condition of payment of an amount of pre-deposit of 12.5% of the tax under dispute, out of which at least 20% (i.e. 2.5% of the tax under dispute) should be debited from Electronic Cash Ledger

  The Council has recommended to issue a circular clarifying that :

(a) when no consideration is paid by the company to the director in any form, directly or indirectly, for providing personal guarantee to the bank/ financial institutes on their behalf, the open market value of the said transaction/ supply may be treated as zero and hence, no tax to be payable in respect of such supply of services.

(b) to insert sub-rule (2) in Rule 28 of CGST Rules, 2017, to provide for taxable value of supply of corporate guarantee provided between related parties as one per cent of the amount of such guarantee offered, or the actual consideration, whichever is higher.

(c) to clarify through the circular that after the insertion of the said sub-rule, the value of such supply of services of corporate guarantee provided between related parties would be governed by the proposed sub-rule (2) of rule 28 of CGST Rules, 2017, irrespective of whether full ITC is available to the recipient of services or not.

Further Trade facilitation measures recommended by the Council:

  To amend sub-rule (2) of Rule 159 of CGST Rules, 2017 and FORM GST DRC-22to provide that the order for provisional attachment in FORM GST DRC-22shall not be valid after expiry of one year from the date of the said order to facilitate release of provisionally attached properties after expiry of period of one year, without need for separate specific written order from the Commissioner.

  To issue a Circular to clarify the place of supply in respect of the following supply of services:

(i) Supply of service of transportation of goods, including by mail or courier, in cases where the location of supplier or the location of recipient of services is outside India;

(ii) Supply of advertising services;

(iii) Supply of the co-location services.

  To clarify that export remittances received in Special INR Vostro account, as permitted by RBI, for the purpose of consideration of supply of services will qualify as export of services in terms of the provisions of sub-clause (iv) of clause (6) of section 2 of the IGST Act, 2017

  To give clarification regarding admissibility of refund in cases where export of goods, or the realization of payment for export of services, as the case may be, is made after the time limit provided under rule 96A of CGST Rules, 2017.

  To amend Notification No. 1/2023-Integrated Tax dated 31.07.2023 w.e.f. 01.10.2023 so as to allow the suppliers to a Special Economic Zone developer or a Special Economic Zone unit for authorised operations to make supply of goods or services (except the commodities like pan masala, tobacco, gutkha, etc. mentioned in the Notification No. 1/2023-Integrated Tax dated 31.07.2023) to the Special Economic Zone developer or the Special Economic Zone unit for authorised operations on payment of integrated tax and claim the refund of tax so paid.

IV. Other measures pertaining to law and procedures recommended:

  To bring suitable amendments in section 110 of the CGST Act, 2017 for Alignment of provisions of the CGST Act, 2017 with the provisions of the Tribunal reforms Act, 2021 in respect of Appointment of President and Member of the proposed GST Appellate Tribunals.

  To bring amendments in Section 2(61) and section 20 of CGST Act, 2017 as well amendment in rule 39 of CGST Rules, 2017 to the effect that ISD (Input Service Distributor) procedure as laiddown in Section 20 of the CGST Act, 2017 may be made mandatory prospectively for distribution of ITC inrespect of input services procured by Head Office (HO) from a third party but attributable to both HO andBranch Office (BO) or exclusively to one or more BOs.

Click to view / Download GST Council Meeting - Press Release

Image Source: money control /PIB

Date : 09/10/2023

     Advisory on DRC-01C: Reconciling ITC Differences (GSTR-2B vs. GSTR-3B)

  Notification No. 38/2023 – Central Tax dated 04th Aug, 2023 inserted the Rule 88D in CGST Rule, 2017 .

  The system compares the ITC available as per GSTR-2B/2BQ with the ITC claimed in GSTR-3B/3BQ for each return period.

  If the claimed ITC exceeds predefined limits , taxable persons will receive an intimation in Form DRC-01C.

  On receipt of the intimation in Form DRC 01C the concerned taxable persons must respond by in Part B of Form DRC-01C.

  Failure to file a response in Part B of Form DRC-01C within the specified period will result in impacted taxpayers not being able to file subsequent period GSTR-1/IFF returns.

  A comprehensive manual with navigation details offering step-by-step instructions is available on the GST portal to further help the taxable persons with the process.

Click to view / Download Advisory

Date : 07/10/2023

     GSTN Advisory on e-Invoice JSON Download Now Live on GST Portal

  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.

  The key steps involved in the download process are: rocess are: rocess are:

  Users to visit the e-Invoice Portal and log in using their GST Portal credentials

  The portal provides two tabs, "Generated" for self-generated e-Invoices and "Received" for those received by the user.

  Users can search for a specific e-Invoice by IRN No or by specifying the Financial Year, Document Type, and Document Number. After searching, users can view specific IRNs and download e-invoices in either PDF or JSON format

  Users can also download multiple e-Invoices for a specific period in bulk by selecting the Year and month.Option to download e-invoice lists in Excel format for a specified period is also available.

  The requested e-Invoices remain in downloading history for 2 days only. Post 48 hours fresh request needs to be initiated.

  Regarding accessibility, the user can download e-Invoice JSON files for up to 6 months from the date of IRN generation.

Click to view / Download Advisory

Date : 05/10/2023

     E-Invoice Auto Population Pause in GSTR-1: Temporary Interruption

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 .

Click to view / Download Advisory

Date : 28/09/2023

CBIC - CGST Notification Issued on 29/09/2023

S.No.

Notification No.

Date

Subject

1.

48/2023- Central Tax

29/09/2023

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.

2.

49/2023- Central Tax

29/09/2023

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.

3.

50/2023- Central Tax

29/09/2023

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 gaming excluded from the composition levy benefits and this amendment come into effect from 01/10/2023.

4.

51/2023- Central Tax

29/09/2023

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.

Click to view / Download Notification

Date : 02/10/2023

CBIC - IGST Notification Issued on 29/09/2023

S.No.

Notification No.

Date

Subject

1.

02/2023- Integrated Tax

29/09/2023

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.

2.

03/2023- Integrated Tax

29/09/2023

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

3.

04/2023- Integrated Tax

29/09/2023

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.

Click to view / Download Notification

Date : 02/10/2023

CBIC - CGST(Rate) Notification Issued on 29/09/2023

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.

Click to view / Download Notification

Date : 02/10/2023

CBIC - IGST(Rate) Notification Issued on 29/09/2023

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.

Click to view / Download Notification

Date : 02/10/2023

CBIC - IGST Notification Issued on 26/09/2023

S.No.

Notification No.

Date

Subject

1.

11/2023- Integrated Tax (Rate)

26/09/2023

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.

2.

12/2023- Integrated Tax (Rate)

26/09/2023

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.

3.

13/2023- Integrated Tax (Rate)

26/09/2023

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.

Click to view / Download Notification

Date : 27/09/2023

CBIC - CGST Notification Issued on 25/09/2023

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.

Click to view / Download Notification

Date : 27/09/2023

    GSTN Advisory on activating Geocoding functionality

  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.

Click to view / Download Advisory

Date : 21/09/2023

CBIC - CGST Notification Issued on 18/09/2023

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

Click to view / Download Notification

Date : 20/09/2023

Advisory on GST e-invoice 2-Factor Authentication

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 .

Click to view / Download Advisory

Date : 13/09/2023

Advisory on New Time limit for Reporting of Invoices on the e-Invoice 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.

Click to view / Download Advisory

Date : 12/09/2023

GST – Valuation of supply by Casino and online gaming Notification Issued on 06/09/2023

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 or amount 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.

Click to view / Download Notification

Image Source: money control /PIB

Date : 08/09/2023

Advisory on e-Invoicing and e-Waybill HSN Code Requirement Changes

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.

Click to view / Download Advisory

Date : 08/09/2023

Advisory on Procedures to be Followed on Provisional Attachment u/s 83(2) of CGST Act

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.

Click to view / Download Advisory

Date : 08/09/2023

GSTN Advisory on Electronic Credit Reversal and Re-claimed statement

The government has made changes to Form GSTR-3B, focusing on improving the accuracy of reporting for Input Tax Credit (ITC) availed, reversed, re-claimed, and ineligible ITC through Notification No. 14/2022 – Central Tax, dated July 5, 2022, as explained vide circular 170/02/2022-GST, dated July 6, 2022. As a sequel to this a new ledger namely ‘Electronic Credit and Re-claimed Statement’ is being introduced on the GST portal to help the taxpayers in tracking of their ITC that has been reversed in Table 4B(2) and thereafter re-claimed in Table 4D(1) and 4A(5) for each return period, starting from August 2023 return period

The salient features of this new statement are as under:

  Taxpayers having monthly filing frequency are required to report their opening balance considering the ITC reversal done till the return period of July 2023 and the quarterly taxpayers shall report their opening balance up to Q1 of the financial year 2023-24, considering the ITC reversal made till the April-June 2023 return period.

  The taxpayers have the opportunity to declare their opening balance for ITC reversal until 30th November 2023 along with three amendment opportunities to correct their opening balance in case of any mistakes or inaccuracies in reporting, until 30th November 2023 and both reporting and amendment facilities are accessible till then

  However, after 30th November till 31st December 2023, only amendments will be permitted and the option for fresh reporting will not be available. This amendment facility shall all be discontinued after 31st December 2023.

Click to view / Download Advisory

Date : 01/09/2023

GSTN Advisory for Registration with Biometric-based Aadhaar Authentication

It is stated in the Advisory that the functionality of Biometric-based Aadhaar Authentication is being launched in Puducherry from 30th August, 2023 in the pilot phase.

The procedure explained in the advisory is as follows:

  Those applicants who get the link on Mobile & Email ID for Aadhaar Authentication, they can proceed for completing their application as per existing implementation.

  For those applicants who get message for visiting GSK, will be required to visit at the designated GSK and get biometric authentication before the TRN expiry date, as detailed in Email, for Biometric-based Aadhaar Authentication process. In this case, Application Reference Number (ARN) will be generated only after the completion of Biometric-based Aadhaar Authentication process.

Click to view / Download Advisory

Date : 30/08/2023

CBIC - CGST Notification Issued on 25/08/2023

S.No.

Notification No.

Date

Subject

1.

41/2023-Central Tax

25/08/2023

The due for submitting FORM GSTR-1, for the months of April, May, June, and July 2023 has been extended to 25/08/2023 for the registered persons whose principle place of business is in the State of Manipur.

2.

42/2023-Central Tax

25/08/2023

The due for submitting FORM GSTR-3B, for the months of April, May, June, and July 2023 has been extended to 25/08/2023 for the registered persons whose principle place of business is in the State of Manipur.

3.

43/2023-Central Tax

25/08/2023

The due for submitting FORM GSTR- 3B for the quarter ending June 2023 has been extended to 25/08/2023 for the registered persons whose principle place of business is in the State of Manipur.

4.

44/2023-Central Tax

25/08/2023

The due for submitting FORM GSTR-7, for the months of April, May, June, and July 2023 has been extended to 25/08/2023 for the registered persons whose principle place of business is in the State of Manipur.

Click to view / Download Notification

Date : 26/08/2023

CGST (Amendment) Act, 2023

The Central Goods and Services Tax (Amendment) Act, 2023 has been notified on 18/08/2023.

The provisions of the Act will come into effect on a day notified by the Government.

Click to view / Download CGST (Amendment) Act, 2023

IGST (Amendment) Act, 2023

The Integrated Goods and Services Tax (Amendment) Act, 2023 has been notified on 18/08/2023.

The provisions of the Act will come into effect on a day notified by the Government.

Click to view / Download IGST (Amendment) Act, 2023

Date : 22/08/2023

CBIC - CGST Notification Issued on 17/08/2023

S.No.

Notification No.

Date

Subject

1.

39/2023-Central Tax

17/08/2023

Amending Notification No. 02/2017-Central Tax to redefine territorial jurisdiction of Principal Commissioner / Commissioner of Central Tax of Gundur, Tirupati and Vishakapatnam, retrospectively from April 4, 2022.

2.

40/2023-Central Tax

17/08/2023

Common adjudicating authority appointed for the show cause notice issued to M/s United Spirits Ltd.

Click to view / Download Notification

Date : 18/08/2023

IGST (Amendment) Bill, 2023

The Integrated Goods and Services Tax (Amendment) Bill, 2023 was introduced in Lok Sabha on August 11, 2023. This will come into effect on a day notified by Government by Notification in the Official Gazette.

The highlights of the key amendments proposed in the IGST (Amendment) Bill, 2023 are as follows:

  Amendment in Section 2 (Definitions) – To amend Sub-Clause (vii) of Clause 17 to excluded online money gaming as defined in Section 2(80B) of the CGST Act 2017 from the scope of online gaming.s

  Amendment in Section 5 (Levy & Collection) – To provide that in case of import of certain notified goods to collect IGST as inter-state supply under Section 5(1) instead of under Customs Act provisions.

  Amendment to Section 10 (Place of supply of goods other than supply of goods imported into or exported from India) – It is proposed that in the case of goods supplied to an unregistered person the place of supply will be determined based on the address of that person as recorded in the invoice. If the address is not recorded, the location of the supplier will be considered the place of supply. Further the explanation to the clause clarifies that recording of the State of such unregistered person in the invoice shall deemed to be the address of such person.

  It is proposed to insert a new section 14A to deal with online money gaming supplied by foreign entities to individuals in India for the requirements of obtaining a single registration under the Simplified Registration Scheme, payment of Integrated Tax with provisions for blocking public access to related computer resources if there's a failure to comply with registration and tax payment requirements. It also provides for appointment of a representative in the taxable territory if such supplier does not have a physical presence or representative in the taxable territory for payment of IGST.

Click to view / Download IGST (Amendment) Bill, 2023

Date : 17/08/2023

CGST (Amendment) Bill, 2023

The CGST (Amendment) Bill, 2023 was introduced in the Lok Sabha on August 11, 2023. The proposed amendments are as under:

  "Online gaming" is defined in section 2 (80A).

  "Online money gaming" is defined in section 2 (80B).

  "Specified actionable claim" is defined in section 2 (102A).

  "Virtual digital asset" is defined in section 2 (117A).

  The definition of "supplier" in section 2(105) is modified to provide clarity regarding who would be considered as the supplier in the case of the supply of a specified actionable claim.

  Registration is made mandatory under Section 24 for the person supplying online money gaming from a place outside India to a person in India

  The entry 'lottery, betting, and gambling' in Schedule III with the words 'specified actionable claims'.

Click to view / Download CGST (Amendment) Bill, 2023

Date : 12/08/2023

CBIC - CGST Notification Issued on 04/08/2023

S.No.

Notification No.

Date

Subject

1.

36/2023-Central Tax

04/08/2023

This notification specifies the special procedure to be followed by the electronic commerce operators in the case of supplies of goods made through them by persons who opt to pay tax under section 10 of the GST Act. (Composition scheme). This procedure comes into effect from 01/10/2023. The procedure is summarized hereunder:

1. The electronic commerce operator is prohibited from allowing any inter-State supply of goods through its platform by the said person

2. The electronic commerce operator must collect tax at source under subsection (1) of section 52 of the GST Act for the supplies of goods made by the said person through its platform.

3. The electronic commerce operator is required to electronically submit the details of supplies of goods made by the said person through its platform in the statement in FORM GSTR-8.

2.

37/2023-Central Tax

04/08/2023

This notification, specifies a special procedure for electronic commerce operators who are required to collect tax at source under section 52 of the said Act. This comes into effect from 01/10/2023. The key points of the special procedure are as follows:

1. the electronic commerce operator shall allow the supply of goods through it by the said person only if enrolment number has been allotted on the common portal to the said person;

2. The electronic commerce operator is not allowed to facilitate any inter-State supply of goods through its platform by the said person

3. The electronic commerce operator shall not collect tax at source under sub-section (1) of section 52 in respect of supply of goods made through it by the said person

4. The electronic commerce operator shall furnish the details of supplies of goods made through it by the said person in the statement in FORM GSTR-8 electronically on the common portal.

5. In case Multiple electronic commerce operators are involved in a single supply of goods through e-commerce platform, the term "the electronic commerce operator" shall refer to the operator who finally releases the payment to the said person for the supply made by the said person through that operator.

3.

38/2023-Central Tax

04/08/2023

CBIC issues CGST (Second Amendment) Rules, 2023 to implement GST Council recommendations, including revised time for furnishing bank details post-GST registration, physical verification of business premises in certain cases, dealing with the difference in ITC, E way bill requirement for intra-state movement of precious metals like gold etc.

Click to view / Download Notification

Date : 05/08/2023

51st GST Council Meeting - 2nd August 2023

  The Council recommended certain amendments in the CGST Act, 2017 and IGST Act, 2017, including amending Schedule III of CGST Act, to provide further clarity on the taxation of supplies in casinos, horse racing, and online gaming.

GST on online money gaming services and Casinos

A specific provision will be inserted in the IGST Act to impose GST liability on the supply of online money gaming services by a supplier located outside India to a person in India. The supplier can register through a simplified registration scheme for single registration in India. Non-compliance may result in blocking public access to related information hosted on their computer resources.

  The valuation of supply of online gaming and actionable claims in casinos will be based on the amount paid or payable to the supplier by or on behalf of the player, excluding the amounts entered into games/bets out of winnings of previous games/bets. This valuation method will be used instead of valuing each bet placed individually.

  The CGST Rules, 2017, will be amended to insert specific provisions for the valuation of supply of online gaming and supply of actionable claims in casinos.

  Efforts will be made to complete the process of making amendments in the Act at the earliest, with the amendments intended to come into effect from 1st October 2023.

These recommendations are aimed at providing clarity and consistency in the taxation of supplies related to casinos, horse racing, and online gaming, and they are expected to be implemented from 1st October 2023.

Click to view / Download GST Council Meeting - Press Release

Image Source: money control /PIB

Date : 03/08/2023

CBIC - CGST Circular Issued on 01/08/2023

S.No.

Circular No.

Date

Subject

1.

200/12/2023-GST

01/08/2023

clarification regarding GST rates and classification of certain goods based on the recommendations of the GST Council in its 50th meeting held on 11th July, 2023

2.

201/13/2023-GST

01/08/2023

Clarifications regarding applicability of GST on certain services

Click to view / Download Circular

CBIC - IGST Notification Issued on 31/07/2023

It is notified that all goods or services (excluding those specified in column (3) of the TABLE, i.e. Pan masala , tobacco products and some essential oils) can be exported on payment of integrated tax with the option for the supplier to claim a refund of the tax paid.

Click to view / Download Notification

CBIC - CGST Notification Issued on 31/07/2023

S.No.

Notification No.

Date

Subject

1.

27/2023-Central Tax

31/07/2023

Seeks to notify the provisions of section 123 of the Finance Act, 2021 (13 of 2021).

2.

28/2023-Central Tax

31/07/2023

Seeks to notify the provisions of sections 137 to 162 of the Finance Act, 2023 (8 of 2023).

3.

29/2023-Central Tax

31/07/2023

Notification No. 13/2017- Central Tax (Rate) amended to notify changes in GTA declaration in Annexure III consequent to amendment for GST in exercising the option for payment of GST under forward charge as per the recommendations of the GST Council in its 50th meeting on 11.07.2023.

4.

30/2023-Central Tax

31/07/2023

Amendment to Notification No. 01/2017- Central Tax (Rate) to notify changes in the rates for some goods as per the recommendations of the 50th GST Council meeting.

5.

31/2023-Central Tax

31/07/2023

CBIC extends mandatory biometric-based Aadhaar authentication for GST registration in Puducherry also through amending the proviso to Rule 8(4B).

6.

32/2023-Central Tax

31/07/2023

CBIC exempts registered persons with annual aggregate turnover up to two crore rupees from filing annual returns for the FY 2022-23 also.

7.

33/2023-Central Tax

31/07/2023

By this notification, the Central Government, has notified "Account Aggregator" as the systems through which information can be shared by the common portal based on consent under Section 158A of the Central Goods and Services Tax Act, 2017 giving effect to the recommendations of GST council in its 50th meeting.

8.

34/2023-Central Tax

31/07/2023

CBIC notification exempts dealers with turnover below the registration threshold from GST registration if they supply goods through electronic commerce operator who is required to collect tax at source under Section 52 subject the conditions specified in the notification.

9.

35/2023-Central Tax

31/07/2023

Seeks to amend Notification No. 27/2022 dated 26.12.2022.

Click to view / Download Notification

Date : 03/08/2023

CBIC - CGST Notification Issued on 26/07/2023

S.No.

Notification No.

Date

Subject

1.

06/2023-Central Tax (Rate)

26/07/2023

Notification No. 11/2017- Central Tax (Rate) amended to notify that if GTA have exercised the option of paying GST under forward charge for a particular financial year, they shall be deemed to have exercised it for the subsequent financial years also until they file a declaration to revert to reverse charge mechanism (RCM) as per the recommendations of the GST Council in its 50th meeting on 11.07.2023.

2.

07/2023-Central Tax (Rate)

26/07/2023

Notification No. 12/2017- Central Tax (Rate) amended to extend the GST exemption on satellite launch services provided by any suppliers including private organisations based on the recommendations of the GST Council in its 50th meeting on 11.07.2023.

3.

08/2023-Central Tax (Rate)

26/07/2023

Notification No. 13/2017- Central Tax (Rate) amended to notify changes in GTA declaration in Annexure III consequent to amendment for GST in exercising the option for payment of GST under forward charge as per the recommendations of the GST Council in its 50th meeting on 11.07.2023.

4.

09/2023-Central Tax (Rate)

26/07/2023

Amendment to Notification No. 01/2017- Central Tax (Rate) to notify changes in the rates for some goods as per the recommendations of the 50th GST Council meeting.

5.

10/2023-Central Tax (Rate)

26/07/2023

Amendment to Notification No. 26/2018- Central Tax (Rate) to change the reference of Foreign Trade Policy (FTP) to the new FTP notified on 31/03/2023 wherever referred to in the notification.

Click to view / Download Notification

Date : 27/07/2023

GSTN - offline tool for GSTR-9 and GTR-9C for Financial Year 2022-23 released

The Goods and Services Tax Network (GSTN) has released the offline utility for: GSTR-9 and GSTR-9C, for the Financial Year 2022-23.

  The link to download GSTR 9 and 9C are
https://www.gst.gov.in/download/gstr9
https://www.gst.gov.in/download/gstr9c

Date : 24/07/2023

CBIC - CGST Circular Issued on 17/07/2023

S.No.

Circular No.

Date

Subject

1.

192/04/2023-GST

17/07/2023

CBIC clarifies that in the case of wrong availment of ITC in IGST no interest liability will be imposed under section 50(3) of the CGST Act, 2017 if the combined credit of IGST, CGST, and SGST has never been lower than the amount of wrongly availed IGST credit.

2.

193/05/2023-GST

17/07/2023

CBIC issues clarification on dealing with the difference in ITC availed in FORM GSTR-3B and FORM GSTR-2A for the period from 01.04.2019 to 31.12.2021.

3.

194/06/2023-GST

17/07/2023

CBIC issues clarification on TCS liability under Section 52 of the CGST Act, 2017 in cases involving multiple E-commerce Operators in a single transaction.

4.

195/07/2023-GST

17/07/2023

CBIC issues clarification on the availability of Input Tax Credit (ITC) for warranty replacement of parts and repair services during the warranty period.

5.

196/08/2023-GST

17/07/2023

CBIC clarifies that the holding of shares of a subsidiary company by a holding company is not considered a supply of services and is not taxable under GST.

6.

197/09/2023-GST

17/07/2023

CBIC clarifies on various refund-related issues

7.

198/10/2023-GST

17/07/2023

CBIC Clarifies on various issues pertaining to e-invoice.

8.

199/11/2023-GST

17/07/2023

CBIC clarifies the taxability of services provided between offices of the same organization located in different states, treating them as distinct persons, and provides guidelines on the distribution of credit for common input services

Click to view / Download Circular

Date : 18/07/2023

CBIC - CGST Notification Issued on 17/07/2023

S.No.

Notification No.

Date

Subject

1.

18/2023 – Central Tax

17/07/2023

The due date for furnishing details of outward supplies in FORM GSTR-1 for the tax periods April, May and June 2023 in respect of registered persons whose principal place of business is in Manipur is extended upto July 31st, 2023.

2.

19/2023 – Central Tax

17/07/2023

The due date for furnishing details of outward supplies in FORM GSTR-3B for the tax periods April, May and June 2023 in respect of registered persons whose principal place of business is in Manipur is extended upto July 31st, 2023.

3.

20/2023 – Central Tax

17/07/2023

The due date for furnishing details of outward supplies in FORM GSTR-3B for quarter ending June, 2023 in respect of registered persons whose principal place of business is in Manipur has been further extended upto July 31st, 2023.

4.

21/2023 – Central Tax

17/07/2023

The due date for filing FORM GSTR-7 for April, May, and June 2023 has been extended upto July 31st 2023, for registered persons in Manipur.

5.

22/2023 – Central Tax

17/07/2023

The amnesty period for non-filers of GSTR-4 for the quarters from July, 2017 to March 2019 or for the Financial years from 2019-20 to 2021-22 has been further extended upto August 31, 2023.

6.

23/2023 – Central Tax

17/07/2023

The time limit for application for revocation of cancellation of registration has been further extended upto August 31, 2023.

7.

24/2023 – Central Tax

17/07/2023

The time limit for furnishing the valid returns has been further extended upto August 31, 2023 for availing the Amnesty scheme for deemed withdrawal of assessment orders issued under Section 62.

8.

25/2023 – Central Tax

17/07/2023

Amnesty scheme of waiver from late fee in excess of Rs. 10,000/- per return for non-filers of GSTR-9 for the periods July 2017 to March 2018 to 2021-22 has been extended till August 31, 2023.

9.

26/2023 – Central Tax

17/07/2023

Amnesty scheme of waiver of late fee in excess of Rs. 500/- for GSTR-10 non-filers has been further extended upto August 31, 2023.

Click to view / Download Notification

Date : 18/07/2023

GST Council Meeting - July 11, 2023

Union Finance Minister Nirmala Sitaraman chaired the 50th meeting of the GST Council held on 11th July, 2023 at Vigyan Bhawan, New Delhi. The matters discussed in the meeting and the recommendations of the council broadly are

  Proposed Reduction in GST rates

  Recommendations relating to GST rates on Goods

  Recommendations relating to GST rates on Services

  Amendment proposed in GST Legislation

  Amendment proposed in GST Rules

  Amendment in CGST Rules, 2017

  Measures for facilitation of trade

  Recommendation on issue of Clarificatory circulars

Click to view / download GST Council Meeting - Press Release

Date : 12/07/2023

Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 – R3B (DRC-01B)

GSTN has introduced a functionality on the GST portal for taxpayers to explain differences between GSTR-1 and GSTR-3B returns online as directed by the GST Council. It compares declared liability with paid liability, and if variations exceed limits, taxpayers receive an intimation (DRC-01B) to which they must reply using Form DRC-01B Part B, providing clarification and details. It is also stated that if reply has not been filed in Part B of Form DRC 01B for any period the taxpayers will not be able to file GSTR 1.IFF for the subsequent period. Hence it is to be ensured timely filing of Form DRC-01B Part B to avoid any interruptions in the filing of GSTR-1/IFF.

Click to view / Download Advisory

Date : 30/06/2023

GSTR-3B due date extended for May 2023 in Gujarat districts

GSTR-3B filing due date for the month of May 2023extended until 30th June 2023 for the persons registered in the districts of Kutch, Jamnagar, Morbi, Patan, and Banaskantha of Gujarat State.

Click to view / Download Notification No. 17/2023-GST

Date : 29/06/2023

GSTR-1, GSTR-3B, and GSTR-7 filing due dates for April & May 2023 in Manipur extended till 30th June.

S.No.

Notification No.

Date

Subject

1.

14/2023 – Central Tax

19/06/2023

The due date for filing FORM GSTR-1 for April and May 2023 has been extended upto June 30th, 2023 for registered persons with their principal place of business in the State of Manipur.

2..

15/2023 – Central Tax

19/06/2023

The due date for filing FORM GSTR-3B for April and May 2023 has been extended upto June 30th, 2023 for registered persons with their principal place of business in the State of Manipur.

3..

16/2023 – Central Tax

19/06/2023

The due date for filing FORM GSTR-7 for April and May 2023 has been extended upto June 30th, 2023 for registered persons with their principal place of business in the State of Manipur.

Date : 20/06/2023