The Central Government has reduced a specific GST rate from 0.5% to 0.25%, effective from the date of the notification’s publication. This change aims to lower the tax burden as per the CGST Act, 2017, based on the GST Council’s recommendations. Pdf Icon

This notification, No. 14/2024-Central Tax issued on July 10, 2024, exempts registered persons with an aggregate turnover up to two crore rupees in the financial year 2023-24 from filing annual returns under the Central Goods and Services Tax Act, 2017.

The government revoked notification No. 27/2022-Central Tax dated December 26, 2022, under rule 8(4B) of the CGST Rules, 2017, based on GST Council recommendations, effective immediately upon its publication, except for prior actions.

GST Notification 12/2024 amends CGST Rules, introducing changes like Aadhaar verification for GST registration, revised ISD rules, new GST return forms, simplified refund procedures, and electronic filing for appeals.

The Central Government amended Table II of the CGST and IGST Acts on May 30, 2024, revising geographic details for Rajasthan’s districts. Changes include updating tehsil names under serial number 7 and removing references to certain tehsils under serial number 49 to improve GST administration efficiency.

The Central Government revised GST jurisdictional boundaries for Rajasthan’s districts and tehsils effective August 5, 2023, under the CGST and IGST Acts, aiming to streamline tax administration. This amendment redefines areas under Alwar, Jaipur, Jodhpur, and Udaipur districts to enhance GST compliance and operational efficiency.

The government extended the deadline for filing FORM GSTR-1 for March 2024 to April 12, 2024, for most registered taxpayers under GST Act section 39(1), effective from April 11, 2024, aiming to facilitate compliance with updated tax period requirements.

The government amended a GST notification to change the effective date from April 1, 2024, to May 15, 2024, based on GST Council recommendations, giving stakeholders additional time to comply. This change postpones the enforcement of new provisions by about six weeks from the originally planned date.

The government has waived the interest for certain taxpayers who missed filing their GSTR-3B returns on time due to technical issues but had enough funds in their ledgers. This waiver applies to specific GST Identification Numbers and covers particular months listed in the notification.

CBIC notify “Public Tech Platform for Frictionless Credit” as the system with which information may be shared by the common portal based on consent under sub-section (2) of Section 158A of the Central Goods and Services Tax Act, 2017.

Seeks to Amend Notification No. 02/2017-CT dated 19th June, 2017. The amendment pertains to the inclusion of a new entry in the notification for the territorial jurisdiction of the Principal Commissioner/Commissioner of Central Tax

CBIC has Introduces Special Procedure need to followed by registered persons engaged in manufacturing of Tobacco & Pan Masala goods. Notification is effective from 1st April 2024. A details report of packing machinery used in production, special monthly statement and a certificate from Chartered engineer need to submit.

Rescinding the Notification No. 30/2023-Central Tax, which specifies the special procedure to be followed by a registered person engaged in manufacturing of certain goods i.e. Pan masala, Tobacco items. The Notification shall be effective w.e.f. 01.01.2024

Extension of due date for filing of FORM GSTR-9 and GSTR-9C for the FY 22-23for the persons registered in the districts of Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunagar in the state of Tamilnadu upto 10th Jan 2024.

Extension of due date for filing of return in FORM GSTR-3B for the month of Nov. 2023 for the persons registered in the districts of Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunaga in the state of Tamilnadu upto 10th Jan 2024.