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Greetings!
GSTN Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Kerala, Nagaland and Telangana
This new functionality has been launched on 5th October 2024 in Kerala, Nagaland, and Telangana.
After submitting Form GST REG-01, applicants receive OTP-based Aadhaar Authentication or Appointment booking link for Biometric-based Aadhaar Authentication at a GST Suvidha Kendra (GSK)
After booking appointment, applicants receive a confirmation e-mail. The applicant must visit the GSK on the scheduled date with all required documents, including Aadhaar and PAN.
ARNs will be generated once the Biometric-based Aadhaar Authentication process and document verification are completed.
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Date : 05/10/2024
GSTN Advisory on Proper Entry of RR No./Parcel Way Bill (PWB) Numbers in EWB system Post EWB-PMS Integration
Indian Railways Parcel Management System (PMS) is now integrated with the E-Way Bill (EWB) system via APIs, enabling seamless data transfer for better traceability and compliance.
Taxpayers must enter the correct Railway Receipt (RR) or Parcel Way Bill (PWB) number
The RR No./PWB must follow the format: PXXXRRNo, where "P" represents PMS, "XXX" is the station code, and "RRNo" is the Railway Receipt number.
RR numbers should be entered exactly as shown in the RR receipt.
Correct entry of the RR No./PWB ensures smooth goods tracking, timely validation
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Date : 04/10/2024
GSTN Advisory on GSTN e-Services App to Replace e-Invoice QR Code Verifier App
The newly launched GSTN e-Services app enhances user convenience by replacing the previous e-Invoice QR Code Verifier App.
It offers features such as e-Invoice verification, GSTIN search, return filing history access, and multiple input methods (text, voice, scan), along with result sharing capabilities.
Available soon on Google Play Store and App Store, the app requires no login, and a detailed manual will be provided shortly.
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Date : 01/10/2024
CGST Notification - Dated 30th September 2024
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S.No. |
Notification No. |
Date |
Subject |
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1. |
18/2024 - Central Tax |
30/09/2024 |
The Central Government, based on the GST Council's recommendations, has empowered the Principal Bench of the Appellate Tribunal (under Section 109 of the GST Act) to assess whether input tax credits or tax rate reductions have resulted in a corresponding decrease in the prices of goods and services. This notification will take effect from October 1, 2024.
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2. |
19/2024 - Central Tax |
30/09/2024 |
From April 1, 2025, the designated Authority under Section 171 will no longer accept requests to examine if input tax credits or reductions in tax rates have resulted in corresponding reductions in the prices of goods or services. The notification comes into effect from the date of its publication in the Official Gazette.
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Date : 30/09/2024
GSTN Advisory on Biometric-Based Aadhaar Authentication and Document Verification for GST Registration in Odisha
The recent updates to the GST registration process involve new measures for applicant identification based on biometric Aadhaar authentication and document verification, as per Rule 8 of the CGST Rules, 2017.
This functionality has been introduced in Odisha from 28th September 2024.
After submitting Form GST REG-01, applicants will receive an OTP-based Aadhaar authentication or book appointments at designated GST Suvidha Kendras (GSKs) for biometric verification.
At the time of the visit of GSK, the applicant is must to carry the required documents & Aadhaar Card and PAN Card (Original Copies), etc.
The ARN will be generated only after successful completion of the biometric authentication and document verification processes.
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Date : 29/09/2024
GSTN Advisory on Restoration of GST Returns data on Portal
Return data is archived from the GST portal after seven years, as per the data archival policy.
Data for July 2017 was archived on 1st August 2024. Data for August 2017 was archived on 1st September 2024.
However, in view of the requests received from the trade due to the difficulties faced, data has been restored back on the portal.
Taxpayers are advised to download and save necessary data, as archival will be re-implemented after prior notice.
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Date : 29/09/2024
CGST Notification No. 17/2024-Central Tax - Dated 27th September 2024
It states that sections 118, 142, 148, and 150 of the Act will take effect from the date the notification is published in the Official Gazette, while the remaining provisions-sections 114 to 117, 119 to 141, 143 to 147, 149, and 151 to 157 will come into force on November 1, 2024.
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Date : 27/09/2024
GSTN Advisory on issuance of Notices/Orders without digital signatures of the issuing authorities
The documents issued by tax officers on the common portal (e.g., SCNs or Orders) are valid even if the PDF versions downloaded from the portal lack a visible digital signature.
This is because the officers log into the portal using their digital signatures, which ensures the authenticity of the documents generated. Thus, the lack of a visible signature on the downloaded PDF does not affect the document's legitimacy, as its authenticity is ensured through the secure, digitally signed login process.
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Date : 26/09/2024
GSTN Advisory on Archival of GST Returns data on GST portal
Section 39(11) of the CGST Act, 2017, effective from October 1, 2023, imposes a strict three-year deadline for taxpayers to file their GST returns from the due date.
The GST portal taxpayer data for up to seven years for viewing purposes. Thus, return data will not be available to view beyond 7 years for taxpayers.
Accordingly, on 01st August 2024 return filed for July 2017 has been archived and on 01st September 2024, data for August 2017 has been archived. Further, this data archival is going to be a monthly activity hence on 01st October, 2024 data of September 2017 shall be taken down from the GST portal.
Taxpayers are advised to download and store any relevant data from the GST portal before it is archived, for any future reference or compliance needs.
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Date : 24/09/2024
GSTN Advisory on Draft Manual Invoice Management System
The GST Common Portal introduced the Invoice Management System (IMS), allowing recipient taxpayers to interact more efficiently with invoices.
Taxpayers can seamlessly accept, reject, or keep invoices pending within the system, which helps streamline their reconciliation process.
The IMS helps taxpayers match their records with suppliers’ invoices, ensuring accurate Input Tax Credit (ITC) claims.
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Date : 17/09/2024
GSTN Advisory on Re-opening of Reporting ITC Reversal Opening Balance
The government introduced changes in GSTR-3B through Notification No. 14/2022 to streamline the reporting of Input Tax Credit (ITC) reversal and re-claim.
A new "Electronic Credit Reversal and Re-claimed Statement" was launched on the GST portal in August 2023 to help taxpayers report ITC reversals accurately.
Taxpayers have an extended deadline from 15th September to 31st October 2024 to report their cumulative ITC reversals as an opening balance.
Amendments to the declared opening balance can be made until 30th November 2024.
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Date : 17/09/2024
CGST Circular - Dated 10th September , 2024
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S.No. |
Circular No. |
Date |
Subject |
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1. |
230/24/2024-GST |
10/09/2024 |
The circular provides clarification on the treatment of advertising services provided by Indian companies to foreign clients under GST. Indian advertising companies providing comprehensive services to foreign clients are not intermediaries; their services qualify as exports with the place of supply outside India.
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2. |
231/25/2024-GST |
10/09/2024 |
This Circular clarifies the availability of Input Tax Credit (ITC) for demo vehicles under the Central Goods & Services Tax (CGST) Act, 2017. It states that ITC is generally available for demo vehicles used by authorized dealers for promoting the sale of similar vehicles, as these are considered to be used for "further supply" of motor vehicles. However, ITC is not available if the vehicles are used for other purposes, like transportation of staff, or if the dealer merely provides marketing services without selling the vehicle directly.
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3. |
232/26/2024-GST |
10/09/2024 |
The circular clarifies that data hosting services provided by Indian service providers to overseas cloud computing service providers are not considered intermediary services or services related to goods or immovable property under the IGST Act. Therefore, the place of supply for these services is determined by the default rule in section 13(2) of the IGST Act
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2. |
233/27/2024-GST |
10/09/2024 |
The circular clarifies that if a registered person initially imports inputs without paying IGST and compensation cess under specific exemptions but later pays these taxes with interest and gets the Bill of Entry reassessed, the refund of IGST on exports won't be considered a violation of sub-rule (10) of rule 96 of CGST Rules. The payment of IGST and compensation cess retroactively corrects the initial exemption, allowing the exporter to claim a refund legally.
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Click to view / Download Circular
Date : 10/09/2024
54th GST Council Meeting - September 09, 2024
Changes in GST rates of goods:
1. Namkeens and Extruded/Expanded Savory Food Products:
GST rate on extruded or expanded savory products (excluding un-fried or un-cooked snack pellets) reduced from 18% to 12%, aligning with similar edible preparations like namkeens and bhujia.
GST rate of 5% continues for un-fried or un-cooked snack pellets.
2. Cancer Drugs:
GST rate on specific cancer drugs (Trastuzumab Deruxtecan, Osimertinib, and Durvalumab) reduced from 12% to 5%.
3. Metal Scrap:
Reverse Charge Mechanism (RCM) introduced for metal scrap supply by unregistered persons to registered persons.
TDS of 2% applicable on B2B supply of metal scrap by registered persons.
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4. RMPU Air Conditioning Machines for Railways:
Clarification that Roof Mounted Package Unit (RMPU) Air Conditioning Machines for Railways fall under HSN 8415 with a GST rate of 28%.
5. Car and Motorcycle Seats:
Clarification that car seats are classified under HSN 9401.
The GST rate on car seats has been increased from 18% to 28%, aligning them with the existing GST rate for motorcycle seats. This change is applied prospectively.
Services:
1. Life and Health Insurance:
A Group of Ministers (GoM) has been constituted to review GST issues on life and health insurance, with members from 13 states. The GoM will submit its report by the end of October 2024.
2. Transport of Passengers by Helicopters:
GST at 5% will be applied to passenger transport by helicopters on a seat-share basis. Helicopter charters will continue to attract 18% GST.
3. Flying Training Courses:
A circular has clarified that approved flying training courses conducted by DGCA-approved Flying Training Organizations (FTOs) are exempt from GST.
4. Supply of Research and Development Services:
The GST Council has recommended exempting the supply of research and development services by government entities, research associations, universities, and other notified institutions funded by government or private grants.
5. Preferential Location Charges (PLC):
Clarification that PLC, when paid along with construction service fees before the completion certificate is issued, forms part of a composite supply and receives the same tax treatment as the main construction service.
6. Affiliation Services:
Affiliation services by educational boards like CBSE are taxable. However, services by State/Central educational boards to government schools are exempt prospectively. Past issues (from 01.07.2017 to 17.06.2021) will be regularized on an "as is where is" basis.
GST at 18% is applicable on affiliation services provided by universities to their constituent colleges.
7. Import of Services by Branch Office:
Exemption on the import of services by a branch office of a foreign airline from related persons or establishments outside India, when made without consideration.
8. Renting of Commercial Property:
Renting of commercial property by an unregistered person to a registered person will be brought under the Reverse Charge Mechanism (RCM) to prevent revenue leakage.
9. Ancillary/Intermediate Services by GTA:
Clarification that ancillary/intermediate services provided by a Goods Transport Agency (GTA) during the transportation of goods by road, and where a consignment note is issued, will be treated as part of a composite supply.
Other Services:
GST liabilities for the period before 01.10.2021, where film distributors or sub-distributors acted on a principal basis, will be regularized.
Services incidental, ancillary, or integral to the transmission and distribution of electricity, when provided as part of a composite supply, will be exempt from GST.
Measures for Facilitation of Trade:
1. Waiver of Interest or Penalty:
Introduction of rule 164 in CGST Rules, 2017, for waiving interest or penalties for tax demands under section 73 of the CGST Act for FYs 2017-18 to 2019-20, with payment deadlines set until 31.03.2025. Section 128A of the CGST Act will be notified from 01.11.2024.
2. New Provisions in Section 16 of CGST Act:
Notification of sections 118 and 150 of Finance (No. 2) Act, 2024, which introduce new sub-sections in section 16 of the CGST Act, with a special rectification procedure for orders related to wrong ITC claims.
3. IGST Refunds and Rule Amendments:
Rules 96(10), 89(4A), and 89(4B) will be prospectively omitted to simplify the refund process.
4. Clarifications through Circulars:
Issuance of circulars to address ambiguities regarding the place of supply for advertising services, ITC on demo vehicles, and data hosting services provided by Indian entities to foreign cloud providers. Additional amendments to CGST Rules, 2017, are also recommended.
B2C E-invoicing:
A pilot for B2C e-invoicing will be introduced voluntarily in selected sectors and states, aimed at enhancing business efficiency and enabling retail customers to verify invoice reporting.
Invoice Management System and New Ledgers:
Enhancements to the GST return system include new ledgers for Reverse Charge Mechanism (RCM) and Input Tax Credit Reclaim, along with an optional Invoice Management System (IMS) for managing and reconciling invoices. Taxpayers must declare their opening balances for these ledgers by 31st October 2024.
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Image Source: PIB
Date : 09/09/2024
GSTN Advisory on Biometric Aadhaar Authentication and Document Verification for GST Applicants in Bihar, Delhi, Karnataka, and Punjab
This notice informs taxpayers about recent changes to the GST registration process, emphasizing the introduction of Biometric-based Aadhaar Authentication.
This new functionality, developed by GSTN, was launched on 6th September 2024 in Bihar, Delhi, Karnataka, and Punjab.
At the time of the visit of GSK, the applicant is required to carry the required documents
Applicants must complete biometric verification within the specified period to generate the Application Reference Number (ARN).
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Date : 06/09/2024
GSTN Advisory on Reporting of supplies to un-registered dealers in GSTR1/GSTR 5
The Government, through Notification No. 12/2024 – Central Tax dated 10th July, 2024, has reduced the threshold for reporting inter-state taxable outward supplies to unregistered dealers from 2.5 lakh to
1 lakh
These details must be reported in Table 5 of Form GSTR-1 and Table 6 of GSTR-5.
Until the new functionality is available, taxpayers should continue reporting invoice-wise details for supplies over 2.5 lakh in the respective tables.
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Date : 03/09/2024
GSTN Advisory on Invoice Management System
A new communication process on the GST portal to help taxpayers address invoice corrections and amendments with suppliers.
IMS will assist taxpayers in matching their records with supplier invoices for accurate Input Tax Credit (ITC) claims.
Taxpayers can accept, reject, or keep invoices pending for later action.
The IMS will be available to taxpayers starting October 1st on the GST portal.
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Date : 03/09/2024
GSTN Advisory on Aadhaar Authentication & Document Verification for GST Registration in Dadra and Nagar Haveli, Daman and Diu, and Chandigarh
The recent amendments to Rule 8 of the CGST Rules, 2017 have introduced Biometric-based Aadhaar Authentication and enhanced document verification for GST registration in Dadra and Nagar Haveli, Daman and Diu, and Chandigarh
This new functionality, developed by GSTN, streamlines the registration process by allowing applicants to either complete OTP-based Aadhaar Authentication or schedule a biometric verification appointment at a GST Suvidha Kendra (GSK).
Applicants must carry the appointment confirmation email, jurisdiction details, Aadhaar, PAN, and original documents to the GSK.
Appointment for biometric verification must be booked within the permitted period to generate the ARN.
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Date : 24/08/2024
GSTN Advisory for furnishing bank account details before filing GSTR-1/IFF
Starting from September 1, 2024, taxpayers must provide valid bank account details in their GST registration to file GSTR-1 or use the Invoice Furnishing Facility (IFF) for the August 2024 tax period and onwards.
This requirement, under Rule 10A of the CGST Rules, 2017, was initially introduced in 2019 and mandates that bank account details be furnished within 30 days of registration or before filing GSTR-1/IFF, whichever is earlier.
Taxpayers who have not yet updated their bank account information should do so by navigating to Services > Registration > Amendment of Registration Non-Core Fields on the GST Portal. Without valid bank account details, GSTR-1/IFF filing will not be possible.
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Date : 23/08/2024
GSTN Advisory on Introduction of RCM Liability/ITC Statement
The new "RCM Liability/ITC Statement" on the GST Portal, introduced for tax periods from August 2024 onwards, enhances accuracy and transparency by capturing Reverse Charge Mechanism (RCM) liabilities and corresponding ITC claims.
Taxpayers must report any excess RCM liabilities or ITC not yet balanced in their returns. Opening balances for RCM ITC should be reconciled up to July 2024 for monthly filers and up to Q1 FY 2024-25 for quarterly filers, with declarations due by 31.10.2024.
Amendments can be made until 30.11.2024, with three opportunities for corrections.
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Date : 23/08/2024
CGST Notification -Implementation Dates for Finance Act, 2024 Sections Announced
The notification specifies the effective dates for the implementation of different sections of the Act. The provisions of Section 13 of the Finance Act, 2024, will come into force on October 1, 2024. The provisions of Sections 11 and 12 of the Finance Act, 2024, will come into force on April 1, 2025.
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Date : 06/08/2024
GSTN Advisory on Changes in GSTR 8
The GST Council has announced a reduction in the TCS rate from 1% to 0.5%, effective from July 10, 2024, as per Notification No. 15/2024. Period from July 1 to July 9, 2024 the old TCS rate of 1% applies. From July 10, 2024, onwards the revised TCS rate of 0.5% will be in effect
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Date : 02/08/2024
GSTN Advisory on Biometric-Based Aadhaar Authentication and Document Verification for GST Registration in J&K and West Bengal
GSTN has rolled out this Biometric-based Aadhaar Authentication and document verification system in Jammu & Kashmir and West Bengal on 2nd August 2024.
After submitting Form GST REG-01, applicants will receive a link for OTP-based Aadhaar Authentication. If receiving the OTP link, applicants follow the existing process.
Applicants must bring Appointment confirmation email (hard/soft copy),Jurisdiction details (from intimation email),Original Aadhaar and PAN Cards. ARNs will be generated after completing the authentication and verification
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Date : 02/08/2024
GSTN Advisory on Biometric-Based Aadhaar Authentication and Document Verification for GST Registration in Uttarakhand
Applicants can now be identified via biometric-based Aadhaar authentication and document verification. This functionality was launched in Uttarakhand on 28th July 2024.
After submitting Form GST REG-01, applicants will receive either a link for OTP-based Aadhaar authentication or a link.
Applicants must carry the appointment confirmation email, original Aadhaar and PAN cards, and original documents uploaded with the application.
The Biometric authentication and document verification must be completed within the permissible period, and ARNs will be generated post-verification.
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Date : 28/07/2024
GSTN Advisory on FORM GSTR-1A
FORM GSTR-1A is an optional facility introduced for taxpayers to add or amend supply details for the current tax period, which were missed or incorrectly reported in FORM GSTR-1, before filing FORM GSTR-3B.
FORM GSTR-1A will be available from August 2024. Changes made will reflect in FORM GSTR-3B for the same period
Available from the due or actual filing date of FORM GSTR-1 until FORM GSTR-3B is filed. Amendments auto-populate in FORM GSTR-3B.
Available quarterly after filing FORM GSTR-1 (Quarterly) or its due date. Amendments auto-populate in FORM GSTR-3B (Quarterly).
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Date : 26/07/2024
Finance Bill 2024, Dated 23rd July 2024
On July 23, 2024, the Finance Minister, Smt. Nirmala Sitharaman tabled the Finance Bill, 2024, proposing various amendments to tax and corporate laws. The Bill initiates simplifications in several areas, including the tax regime for charities, the TDS rate structure, provisions for reassessment and searches, and capital gains taxation. In the Budget 2024, Finance Minister Nirmala Sitharaman has proposed to reduce the corporate tax on foreign companies from 40% to 35%. Individuals earning Rs 3-7 lakh will now pay a 5% tax rate, while those earning Rs 7-10 lakh and Rs 10-12 lakh will face 10% and 15% tax rates respectively.
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Date : 23/07/2024
GSTN Advisory on Procedure for CSD Refund Applications on GST Portal
Circular No. 227/21/2024-GST issued by the GST policy wing outlines procedures
for Canteen Stores Departments (CSDs) to apply for GST refunds using the newly
developed online functionality on the GST portal. The circular specifies prerequisites,
relevant dates, and detailed instructions for filing refund applications in
FORM GST RFD-10A. Applicants must adhere to sequential filing for tax periods
and submit NIL refund claims where applicable. Any issues encountered during the
process should be reported via the Grievance redressal portal:https://selfservice.gstsystem.in
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Date : 22/07/2024
GSTN Advisory on Integrated Services from NIC-IRP e-invoice-1 and e-invoice-2 Portals
The integrated services from NIC's e-invoice-1 and e-invoice-2 portals will be available on sandbox on 18th July 2024 and production on 1st August 2024.Both the portals (NIC-IRP 1 & 2) provide the web and API modes for e-invoice related services. Printing, downloading, and cancelling e-invoices can be done on either portal. Additional e-invoice portals (IRP-3/IRP-4/IRP-5/IRP-6) are also available for similar services.
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Date : 16/07/2024
CGST Circular - Dated 15th July, 2024
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S.No. |
Circular No. |
Date |
Subject |
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1. |
228/22/2024-GST |
15/07/2024 |
This Circular provide clarifications regarding the applicability of GST on certain services. Exemptions for certain services (e.g., platform tickets, retiring rooms) and Exemption provided for accommodation services under Rs. 20,000 per person per month for a continuous period of 90 days. Transactions between Special Purpose Vehicles (SPVs) and the Ministry of Railways are exempted from GST.
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2. |
229/23/2024-GST |
15/07/2024 |
The GST Council, in its 53rd meeting on June 22, 2024, clarified GST rates and classifications for various goods, including dual-source solar cookers (12%), fire water sprinklers (12%), and parts of poultry-keeping machinery (12%). Additionally, packages over 25 kg or liters of agricultural produce are exempt from the 5% GST levy.
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Click to view / Download Circular
Date : 15/07/2024
GSTN Advisory on Refund of Additional IGST Due to Post-Export Price Increases
GST Council has approved the processing of refund applications for additional IGST paid due to price increases after exports.
Notification No. 12/2024-Central Tax has been issued, and a refund category is being developed in FORM GST RFD-01.
Required documents are detailed in Paragraph 6 of Circular 226/20/2024-GST.
Any issues with filing the refund application should be reported on the GST Portal: "selfservice.gstsystem.in"
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Date : 14/07/2024
CGST Rate Notification - Dated 12th July, 2024
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S.No. |
Notification No. |
Date |
Subject |
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1. |
02/2024-Central Tax (Rate) |
12/07/2024 |
These amendments to Notification No. 1/2017-Central Tax (Rate) based on GST Council recommendations. These include changes in tax rates and classifications for various goods such as corrugated and non-corrugated paper products, milk cans, solar cookers. The amendments come into effect on July 15, 2024.
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2. |
03/2024-Central Tax (Rate) |
12/07/2024 |
The Central Government has amended Notification No. 2/2017-Central Tax (Rate) under the CGST Act, 2017, to clarify that agricultural farm produce packaged in quantities over 25 kilograms or 25 liters will not be considered "pre-packaged and labelled" under the Legal Metrology Act, 2009. This change is effective from July 15, 2024.
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3. |
04/2024-Central Tax (Rate) |
12/07/2024 |
The Central Government has amended Notification No. 12/2017-Central Tax (Rate) under the CGST Act, 2017, effective July 15, 2024. The amendments include the addition of new serial numbers (9E, 9F, 9G) to the Table and the insertion of a new entry (12A) providing exemption for accommodation services.
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Click to view / Download Notification
Date : 12/07/2024
IGST Rate Notification - Dated 12th July, 2024
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S.No. |
Notification No. |
Date |
Subject |
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1. |
02/2024-Integrated Tax (Rate) |
12/07/2024 |
The Central Government, following the recommendations of the GST Council, has amended Notification No. 1/2017-Integrated Tax (Rate) dated 28-06 2017.This notification introduce new entries are 121A, 180A, 183A in Schedule II (12% GST Rate) and modify existing ones in Schedule III (18% rate) of the IGST Act. These amendments, effective from 15th July 2024
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2. |
03/2024-Integrated Tax (Rate) |
12/07/2024 |
Notification No. 2/2017-Integrated Tax (Rate) has clarifies that agricultural farm produce packages exceeding 25 kg or 25 liters are not considered "pre-packaged and labelled" under the Legal Metrology Act, 2009. This Notification Effective from 15th July 2024
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3. |
04/2024-Integrated Tax (Rate) |
12/07/2024 |
GST Council, has issued amendments to Notification No. 9/2017-Integrated Tax (Rate), Effective from 15th July 2024. The amendments include the addition of new serial numbers (10I,10J, 10K). The new entry (13A) providing exemption for accommodation services.
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Click to view / Download Notification
Date : 12/07/2024
CGST Circular - Dated 11th July, 2024
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S.No. |
Circular No. |
Date |
Subject |
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1. |
224/18/2024-GST |
11/07/2024 |
Guidelines address recovery of dues when first appeals are confirmed and Appellate Tribunal is non-operational, allowing taxpayers to pay pre-deposits to stay recovery. Taxpayers can pay the pre-deposit amount via the Electronic Liability Register to stay recovery proceedings
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2. |
225/19/2024-GST |
11/07/2024 |
The guidelines clarify the taxability and valuation of corporate guarantee services provided between related persons under amended Rule 28(2) of the CGST Rules, addressing industry concerns and ensuring consistent application of GST provisions as recommended by the GST Council.
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3. |
226/20/2024-GST |
11/07/2024 |
The guidelines provide a mechanism for exporters to claim refunds of additional IGST paid due to upward price revisions of goods after export. Exporters can apply using FORM GST RFD-01 with necessary documentation. Refunds will be processed by jurisdictional GST officers, and the system ensures compliance and consistency in handling these claims.
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4. |
227/21/2024-GST |
11/07/2024 |
The Central Government has introduced an electronic filing system for the Canteen Stores Department (CSD) to claim refunds of 50% of applicable taxes on inward supplies of goods, which will be processed online. The procedure includes submitting FORM GST RFD-10A and ensuring all invoices are validated. Previous manual processes continue for applications filed before the electronic functionality was available
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Click to view / Download Circular
Date : 11/07/2024
CGST Notification - Dated 10th July, 2024
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S.No. |
Notification No. |
Date |
Subject |
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1. |
12/2024 – Central Tax |
10/07/2024 |
The CBIC's notification on the Central Goods and Services Tax (Amendment) Rules, 2024, introduces several changes based on GST Council recommendations. These include the introduction of Form GSTR-1A and Rule 89 explained new procedure for refunding additional IGST paid due to the upward price revision of exported goods. Amendment in Rule 39 to provide mechanism for distribution of credit by Input Service Distributor. New Rule 95B for refund of tax paid on inward supplies of goods received by Canteen Stores Department.
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2. |
13/2024 – Central Tax |
10/07/2024 |
The notification seeks to rescind Notification No. 27/2022-Central Tax dated December 26, 2022. This rescission is effective from the date of publication in the Official Gazette.
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3. |
14/2024 – Central Tax |
10/07/2024 |
The Commissioner, using powers from Section 44 of the CGST Act, 2017, and based on GST Council recommendations, exempts registered persons with a turnover up to two crore rupees in the financial year 2023-24 from filing an annual return.
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4. |
15/2024 – Central Tax |
10/07/2024 |
The Central Government, following GST Council recommendations, has amended Notification No. 52/2018-Central Tax dated September 20, 2018. The amendment changes the tax rate from "half per cent." to "0.25 per cent." in the specified notification.
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Click to view / Download Notification
Date : 10/07/2024
IGST Notification - Dated 10th July 2024
Central Goods and Services Tax Act, 2017, has amended Notification No. 02/2018-Integrated Tax dated September 20, 2018. The amendment replaces the tax rate from "one per cent." to "half per cent."
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Date : 10/07/2024
GSTN Increases Document Upload Limit for Business Registrations and Amendments
The GSTN has announced an increase in the maximum upload size for documents related to the Principal Place of Business and Additional Places of Business during New Registration and Amendments. Taxpayers can now upload documents up to 500 KB.
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Date : 09/07/2024
GSTN Advisory on Address-Related Fields in GST Registration Functionalities
Enhancements have been made to address-related fields in New Registration, Amendment Application (Core & Non-Core), and Geocoding Business Addresses based on ticket analysis and user feedback.
For Indian Addresses:
PIN Code, State, District, and City/Town/Village must be selected from autosuggestions.
Other fields allow alphanumeric values and limited special characters but not at the beginning.
For Addresses Outside India:
Zip Code, State, District: All values allowed except {}.
Other fields follow similar rules as Indian addresses.
Hover-over icons provide input value instructions for each field. Existing data remains unaffected, but amendments will be validated under new rules. Changes made based on tickets where users were unaware of character limitations.
These changes are applicable to Normal Taxpayers – Regular, SEZ Unit, SEZ Developer, Composition, Input Service Distributor, and Casual Taxpayers.
Locality/Sub-locality Field is not mandatory. If left blank or mismatched with PIN Code, a warning message will appear. Users can proceed by confirming with "YES".
Click to view / Download
Date : 04/07/2024
CGST Circular - Dated 26th June, 2024
|
S.No. |
Circular No. |
Date |
Subject |
|
1. |
207/01/2024-GST |
26/06/2024 |
Reduction of Government Litigation – fixing monetary limits for filing appeals or applications by the Department before GSTAT, High Courts and Supreme Court
|
|
2. |
208/02/2024-GST |
26/06/2024 |
Clarifications on various issues pertaining to special procedure for the manufacturers of the specified commodities.
|
|
3. |
209/03/2024-GST |
26/06/2024 |
Clarification on the provisions of clause (ca) of Section 10(1) of the Integrated Goods and Service Tax Act, 2017 relating to place of supply
|
|
4. |
210/04/2024-GST |
26/06/2024 |
Clarification on valuation of supply of import of services by a related person where recipient is eligible to full input tax credit.
|
|
5. |
211/05/2024-GST |
26/06/2024 |
Clarification on time limit under Section 16(4) of CGST Act, 2017 in respect of RCM supplies received from unregistered persons.
|
|
6. |
212/06/2024-GST |
26/06/2024 |
Clarification on mechanism for providing evidence of compliance of conditions of Section 15(3)(b)(ii) of the CGST Act, 2017 by the suppliers
|
|
7. |
213/07/2024-GST |
26/06/2024 |
Seeking clarity on taxability of re-imbursement of securities/shares as SOP/ESPP/RSU provided by a company to its employees.
|
|
8. |
214/08/2024-GST |
26/06/2024 |
Clarification on the requirement of reversal of input tax credit in respect of the portion of the premium for life insurance policies which is not included in taxable value
|
|
9. |
215/09/2024-GST |
26/06/2024 |
Clarification on taxability of wreck and salvage values in motor insurance claims.
|
|
10. |
216/10/2024-GST |
26/06/2024 |
Clarification in respect of GST liability and input tax credit (ITC) availability in cases involving Warranty/ Extended Warranty, in furtherance to Circular No. 195/07/2023-GST dated 17.07.2023
|
|
11. |
217/11/2024-GST |
26/06/2024 |
Entitlement of ITC by the insurance companies on the expenses incurred for repair of motor vehicles in case of reimbursement mode of insurance claim settlement.
|
|
12. |
218/12/2024-GST |
26/06/2024 |
Clarification regarding taxability of the transaction of providing loan by an overseas affiliate to its Indian affiliate or by a person to a related person.
|
|
13. |
219/13/2024-GST |
26/06/2024 |
Clarification on availability of input tax credit on ducts and manholes used in network of optical fiber cables (OFCs) in terms of section 17(5) of the CGST Act, 2017
|
|
14. |
220/14/2024-GST |
26/06/2024 |
Clarification on place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors
|
|
15. |
221/15/2024-GST |
26/06/2024 |
Time of supply on Annuity Payments under HAM Projects
|
|
16. |
222/16/2024-GST |
26/06/2024 |
Time of supply in respect of supply of allotment of Spectrum to Telecom companies in cases where an option is given to the Telecom Companies for payment of licence fee and Spectrum usage charges in instalments in addition to an option of upfront payment.
|
Click to view / Download Circular
Date : 26/06/2024
53rd GST Council Meeting - June 22, 2024
Changes in GST rates of goods:
A 5% IGST rate will apply to imports of aircraft parts, components, testing equipment, tools, and tool-kits, regardless of their HS classification
All milk cans made of steel, iron, or aluminium, regardless of their use, will attract a 12% GST rate.
The GST rate on cartons, boxes, and cases made of corrugated or non-corrugated paper or paper-board will be reduced from 18% to 12%.
All types of solar cookers, whether single or dual energy source, will attract a 12% GST rate.
Keeping Machinery attracting 12% GST will now specifically include "parts of Poultry Keeping Machinery" to address interpretational issues.
|
|
All types of sprinklers, including fire water sprinklers, will attract a 12% GST rate.
IGST exemption on imports of specified items for defence forces is extended for a further five years until 30th June 2029.
IGST exemption on imports of research equipment/buoys under the RAMA programme is extended subject to specified conditions.
To exempt Compensation Cess on the imports in SEZ by SEZ Unit/developers for authorised operations w.e.f. 01.07.2017.
Other changes:
Compensation cess waived on aerated beverages and energy drinks in Unit Run Canteens;
IGST exemption for AK-203 rifle kits' technical documentation imports.
GST rates on services:
Services provided by Indian Railways to the general public, including sale of platform tickets, retiring rooms/waiting rooms, cloak room services, and battery-operated car services, will be exempt from GST.
Special Purpose Vehicles (SPVs) providing services to Indian Railways, such as allowing the use of infrastructure during the concession period and maintenance services, will be exempt from GST.
Accommodation services with a value of supply up to Rs. 20,000 per month per person will be exempt from GST, provided the service is supplied for a minimum continuous period of 90 days.
New Section 128A: GST Council has
waived interest and penalties for
demand notices issued u/s 73 of CGST
(applicable for FY 17-18, 18-19 and
19-20) for cases not involving
fraud, suppression and misstatement.
It is applicable to cases where the
taxpayer pays the full amount in the
notice by 31st Mar 2025.
Monetary Limits set for GST Appeals: The department's monetary limits for filing appeals are set at Rs. 20 lakh for the GST Appellate Tribunal, Rs. 1 crore for the High Court, and Rs. 2 crore for the Supreme Court.
Amending Sections 107 and 112 : The maximum pre-deposit amounts for filing appeals have been reduced to Rs. 20 crore each under CGST and SGST. Additionally, the pre-deposit for appeals before the GST Appellate Tribunal has been lowered from 20% (capped at Rs. 50 crore) to 10% (capped at Rs. 20 crore) under both CGST and SGST.
ENA under GST: The GST Council now recommended amendment in sub-section (1) of Section 9 of the CGST Act, 2017 for not levying GST on Extra Neutral Alcohol used for manufacture of alcoholic liquor for human consumption.
Time for filing appeals in GST Appellate Tribunal: The GST Council recommended modifying Section 112 to provide a 3 months time for filing appeals before the GST Appellate Tribunal.
Relaxation in condition of section 16(4): The time limit to avail ITC for invoices or debit notes in GSTR-3B filed up to 30th November 2021 for fiscal years 2017-18 to 2020-21 is deemed to be 30th November 2021, retroactively effective from 1st July 2017. Additionally, Section 16(4) will be relaxed if returns for the period from registration cancellation to revocation are filed within thirty days of the order.
FORM GSTR-4 Due Date : Extension provided to the due date for filing GSTR-4 by the composition taxable persons from the present 30th of April to 30th of June 2024 from FY 2024-25 onwards.
Amendment to CGST Rule 88B: The GST Council has recommended not to charge interest on the amount available in the electronic cash ledger on the due date of filing GSTR-3B and is debited while filing the said return in cases of delayed filing of GSTR-3B.
Insertion of Section 11A : Insertion of Section 11A in CGST Act for granting power not to recover duties not levied or short-levied as a result of general practice under GST Acts
Biometric-based Aadhaar Authentication: The GST Council recommended to roll-out the biometric-based Aadhaar authentication of registration applicants on pan-India basis
GSTR-7: GSTR-7 must be filed mandatorily even if no TDS is deducted, reported invoice-wise and no late fee will be charged for nil filing.
FORM GSTR-1: The GST Council recommended reducing the threshold for reporting B2C inter-State supplies invoice-wise in Table 5 of FORM GSTR-1 from Rs. 2.5 lakh to Rs. 1 lakh.
No refund of IGST in specific case: IGST will not be refunded in cases where export duty is payable, following modifications to Sections 16 and 54. This applies to both exports and supplies to SEZ units/developers, regardless of whether tax was paid or not.
Amendments in Section 73 and Section 74: Section 73 and 74 of the GST Act will be amended to establish a uniform time limit for issuing demand notices and orders. Additionally, taxpayers will have 60 days instead of 30 to claim reduced penalties by paying the tax demanded plus interest.
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Image Source: PIB
Date : 22/06/2024
GSTN Advisory on GST SRM-I and GST SRM-II for Taxpayers in Pan Masala and Tobacco Manufacturing
Notification No. 04/2024 – Central Tax dated 05-01-2024 mandates taxpayers dealing in specific goods to provide detailed information. Two forms, GST SRM-I and GST SRM-II, have been introduced:
GST SRM-I: This form pertains to the registration and disposal of machines. It became available on the portal from 15-05-2024, and taxpayers are already using it to register machines and provide related information.
GST SRM-II: This form requires taxpayers, specifically those involved in the manufacture of Pan Masala and Tobacco products, to report monthly details of inputs and outputs. It is now available on the portal for use
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Date : 07/06/2024
CGST Notification - Reassignment of Kotputli-Behror District to CGST Alwar Commissionerate
Vide this notification the district of Kotputli-Behrorhas been assigned to CGST Alwar Commissionerate
Click to view / Download
Date : 30/05/2024
Guidelines for initiation of recovery proceedings before three months from the date of service of demand order
The CBIC has issued guidelines for early recovery of demand orders, allowing initiation before the standard 3-month period if necessary for revenue protection. The process requires the Deputy/Assistant Commissioner to justify the need to the Principal Commissioner/Commissioner, who must document the reasons and issue directives based on credible evidence. Consideration of the taxpayer's financial and operational status is essential, and early payment requests should be made judiciously. Non-compliance will lead to recovery under section 79(1) of the CGST Act, 2017.
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Date : 30/05/2024
CGST Notification - Amendments to Notification No. 02/2017-CT Effective from August 5, 2023
This is an amendment to Notification No. 02/2017-Central Tax, dated 19th June 2017 redefining the territorial jurisdiction of Alwar, Jaipur and Udaipur in the state of Rajasthan. This is effective from 05/08/2023.
Click to view / Download
Date : 29/05/2024
GSTN Advisory on launch of E-Way Bill 2 Portal
The GST Network (GSTN) has announced the release of the E-Way Bill 2 Portal by the National Informatics Centre (NIC) on June 1, 2024. This new portal (https://ewaybill2.gst.gov.in) will operate alongside the main E-Way Bill portal (https://ewaybillgst.gov.in) and will ensure high availability and quick synchronization of e-way bill details between both portals.
Key highlights include:
Users can generate and update e-way bills independently on the new portal
The portal supports both web and API modes for e-way bill operations.
Existing login credentials for the main portal can be used on the new portal
Criss-cross operations allow Part-B of e-way bills to be updated on either portal
If the main portal is down, users can update Part-B on the new portal and use both slips.
Click to view / Download
Date : 28/05/2024
CBIC Migration to GSTN Back Office and Impact on State Tax Administrations
The GSTN has announced that from June 1, 2024, the CBIC will move to the GSTN Back Office.
During the migration process, new GST registration applications are either marked for "deemed approval" or assigned to counterpart State tax administrations.
Consequently all new registration applications from May 25, 2024, to May 31, 2024, will be assigned to concerned States and these taxpayers will remain assigned to the states in the future also
States should therefore make preparations, if needed, to handle the additional workload.
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Date : 22/05/2024
SOP guidance for the new GST registration certificate
This circular outlines a Standard Operating Procedure (SOP) under the TNGST Act, 2017, to verify the existence of newly registered taxpayers and prevent fraudulent registrations.
The new SOP reintroduces RPAD for sending a 'Welcome letter' to new taxpayers, marking a goodwill gesture and verification method.
Joint Commissioners oversee the dispatch and tracking of these letters. If undelivered, the Registering authority must issue a Show Cause Notice (SCN) and conduct a physical verification.
The procedure includes a workflow and monitoring system to ensure effective implementation and prevent misuse of the GST system by non-existent taxpayers.
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Date : 16/05/2024
GSTN Advisory on GST Forms for Machine Registration and Monthly Reporting
The government issued Notification No. 04/2024 – Central Tax on January 5, 2024, seeking information from taxpayers dealing in specified goods.
The notification introduced two forms: GST SRM-I and GST SRM-II. GST SRM-I is for the registration and disposal of machines, while GST SRM-II collects data on monthly inputs and outputs. .
The GST Portal now supports filing GST SRM-I for machine registration. The facility for GST SRM-II will be available soon.
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Date : 16/05/2024
Nirmala Sitharaman Administers Oath to First President of GST Appellate Tribunal
Time limit for filing of appeal before GST Appellate Tribunal (GSTAT) against first Appellate Authority's order is within 3 months from the date of receipt of Appellate Order
Since the GSTAT is not functional, the CGST (9th Removal of Difficulties) Order, 2019, dated 3 December 2019 clarified that the start of the 3 months period shall be (a) the date of communication of the order, or (b) the date on which the President or the State President, as the case may be, of the Appellate Tribunal after its constitution under Section 109, enters office, whichever is later
|
|
GSTAT (Appointment and Conditions of Service of President and Members) Rules, 2023, notified on 25 October 2023.
Justice (Retd.) Sanjaya Kumar Mishra, former Chief Justice, High Court of Jharkhand, appointed as the President of GSTAT for 4 years and he assumed charge on 06 May 2024.
Hence the 3-month period for filing appeals started on 6 May 2024 though the modalities and infrastructure for filing of appeals to GSTAT are still not operationalized.
Click to view / Download Notification
Date : 08/05/2024
GSTN Advisory on Enhancement in the GST Portal, Dated April 26, 2024
GSTN announces the launch of an enhanced version of the GST portal on 3rd May 2024.
News and Updates Section-
i. Beta search functionality, module-wise drop-downs, and access to archived advisories dating back to 2017.
ii. Introduced tab for news and updates.
Changes to go live at midnight on 3rd May 2024.
Click to view / Download
Date : 26/04/2024
CGST Notification - Extension of Deadline for Furnishing GSTR-1 for March 2024- Effective from April 11, 2024
The newly introduced proviso extends the time limit for furnishing details of outward supplies in FORM GSTR-1 for registered persons required to furnish returns under sub-section (1) of section 39 of the CGST Act for the tax period of March 2024. The extension moves the deadline to April 12, 2024.
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Date : 12/04/2024
GSTN Advisory on Extension of GSTR-1 due date to 12th April 2024
GSTN has noticed that taxpayers are facing difficulties in filing GSTR-1 intermittently since yesterday due to technical issues leading to slow response on the portal. GSTN has accordingly recommended to CBIC that the due date for filing of GSTR-1 for the monthly taxpayers be extended by a day ie till 12/04/2024.
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Date : 11/04/2024
CGST Notification - Dated 10th April 2024
The specific change involves substituting the date "1st day of April, 2024" with "15th day of May, 2024" in paragraph 4 of the notification No. 04/2024-Central Tax . The amendment comes into force from the 1st day of April, 2024.
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Date : 10/04/2024
GSTN Advisory on Auto-populate the HSN-wise summary from e-Invoices into Table 12 of GSTR-1
GSTN announces a new feature on the GST portal: auto-population of HSN-wise summary from e-Invoices into Table 12 of GSTR-1.
The feature aims to simplify the process by directly drafting HSN data from e-Invoices into Table 12.
Users are advised to verify the auto-populated data against their records before submission. Any errors are occurred, must be manually corrected or added to Table 12 before final submission. |
|
Click to view / Download Advisory
Date : 09/04/2024
CGST Notification - Dated 8th April 2024
The notified rate of interest per annum for the specified class of registered persons is set to 'Nil'. This provision offers relief to a specific group of taxpayers who missed their filing deadlines under the GST Act.
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Date : 08/04/2024
Conduct of Joint Audits by CGST / SGST Officers
The Chief Commissioner of Central Tax, Central Excise, and Customs for Thiruvananthapuram Zone held a meeting with the Special Commissioner, SGST on 21.03.2024. It was decided that both CGST and SGST Audit Teams would collaborate and participate in each other's audits.
The Chief Commissioner directed that each Audit Circle of CGST should share its monthly Audit Plan with SGST counterparts
The Commissioner instructed Circle AC/DCs to coordinate with State GST authorities and develop a framework to initiate joint audit work immediately as per the Chief Commissioner's directive.
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Date : 03/04/2024
50% GST Subsidy for CAPF Members at Kendriya Police Kalyan Bhandar
Ministry of Home Affairs (MHA) has announced an extension of financial support, providing a 50% subsidy on Goods and Services Tax (GST) for purchases made from Kendriya Police Kalyan Bhandar.
Effective from April 1, 2024, this initiative aims to support the welfare of CAPF members and their families.
Click to view / Download Press Release
Date : 13/03/2024
GSTN Advisory on GSTR-1/IFF: Introduction of New 14A and 15A tables
This notification, No. 26/2022 – Cle 14A and Table 15A, in the GSTR-1 form.
These tables are designed to capture the details of amendments to supplies made through e-commerce operators (ECO). E-commerce operators are required to collect tax under section 52 or pay tax under section 9(5) of the CGST Act, 2017.
These new tables are now live on the GST common portal and will be available in the GSTR-1/IFF from the tax period of February 2024 onwards.
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Date : 12/03/2024
GSTN Advisory on Integration of E-Waybill system with New IRP Portals
The Goods and Services Tax Network (GSTN) has successfully integrated E-Waybill services with four additional Invoice Registration Portals (IRPs) through the National Informatics Centre (NIC). This enhancement expands the existing services available on the NIC-IRP portal, ensuring that E-Waybill services, E-Invoicing, are now accessible across all six IRPs. Below are the websites for all six IRP portals:
1. https://einvoice1.gst.gov.ine1.gst.gov.ine1.gst.gov.ine1.gst.gov.ine1.gst.gov.ine1.gst.gov.ine1.gst.gov.ine1.gst.gov.in
2. https://einvoice2.gst.gov.in
3. https://einvoice3.gst.gov.in
4. https://einvoice4.gst.gov.in
5. https://einvoice5.gst.gov.in
6. https://einvoice6.gst.gov.in
Click to view / Download Advisory
Date : 08/03/2024
Guidelines for Rectification of Demand Orders under DGST Act, 2017
The rectification powers are provided in Section 161 of the GST Act for rectification of errors on the face of record
The power of rectification is confined to only errors on the face of record and not for submission of further orders / details including the submissions not considered while passing the order.
For initiating motu rectification the reasons to be recorded in writing by the proper Officer.
In case the Registered person wants to invoke rectification, he has to submit the application in the prescribed format within 3 months from the date of passing of the Original Order and the rectification order in Form DRC 08 should be passed within 6 months from the date of original order
The rectification may not be done if an appeal has been preferred before Appellate authority by the Registered person
The following type of scenarios can be considered for invoking rectification.
a) The amount paid and intimated to Authority vide DRC 03 not considered by the Authority while confirming the demand in the order
b) Arithmetical error like calculation error or error in tax type i.e IGST, CGST or DGST
Click to view / Download Instruction
Date : 01/03/2024
Taxpayer Delays in Registration Post Successful Aadhar Authentication: CGST Rule 8 & 9 Compliance
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.
Click to view / Download Advisory
Date : 28/02/2024
CBIC - CGST Notification of Public Tech Platform for Frictionless Credit Sharing - 22/02/2024
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
Click to view / Download Notification
Date : 23/02/2024
GSTN Advisory on Enhanced E-Invoicing Initiatives and Portal Launch
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.
Click to view / Download Advisory
Date : 21/02/2024
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.
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|
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.
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|
3. |
03/2024-Central Tax |
05/01/2024 |
Seeks to rescind Notification No. 30/2023-CT dated 31 st July, 2023
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|
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
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
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".
Click to view / Download Notification
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.
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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.
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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.
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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
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Date : 06/11/2023
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
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Date : 27/10/2023
CBIC -
CGST (Rate) Notification Issued on 19/10/2023
Click to view / Download Notification
Date : 20/10/2023
CBIC-
IGST (Rate) Notification Issued on 19/10/2023
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
2. To Select the "User Services" tab on the main menu and Choose the option "Generate User ID for Unregistered Applicant."d 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.
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
|
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%
|
Recommended Rate
|
|
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.
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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: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process are: process 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 .
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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
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