GST [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
G.S.R......(E).-In exercise of the powers conferred by sub-sections (1), (3) and (4) of section 5, subsection (1) of section 6 and clauses (iii), (iv) and (xxv) of section 20 of the IGST Act, 2017 (13 of 2017), read with sub-section (5) of section 15, sub-section (1) of section 16 and section 148 of the CGST Act, 2017 (12 of 2017),
the Central Government, on the recommendations of the Council, and on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No. 8/2017-Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 683(E), dated the 28th June, 2017, namely:-
In the said notification, in the Table, against serial number 8,
after item (iva) and the entries relating thereto in columns (3), (4) and (5), the following item and entries relating thereto in columns (3), (4) and (5) shall be inserted, namely: -
(3)
(4)
(5)
“(ivb) Transportation of passengers, with or without accompanied baggage, by air, in a helicopter on seat share basis.
5
Provided that credit of input tax charged on goods used in supplying the service has not been taken. [Please refer to clause (iv) of paragraph 5 relating to Explanation].”
in column (3), in item (vii), after the brackets and figures “(iva),”, the brackets and figures “(ivb),” shall be inserted.
This notification shall come into force with effect from the 10th day of October, 2024.
(Dilmil Singh Soach) Under Secretary to the Government of India
Note: - The principal notification no. 8/2017 - Integrated Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 683 (E), dated the Az28th June, 2017
and last amended vide notification no. 15/2023- Integrated Tax (Rate), dated the 19th October, 2023 published in the official gazette vide number G.S.R. 760(E), dated the 19th October, 2023.
Q1: 🛩️ What does Notification No. 07/2024-Integrated Tax (Rate) address?
Answer: This notification amends the original Notification No. 8/2017-Integrated Tax (Rate) by introducing a new category under Sl. No. 8. It covers the transportation of passengers by air in a helicopter on a seat-share basis. The GST rate applied is 5%, subject to the condition that input tax credit (ITC) on goods used for the service is not availed.
Q2: 💺 What exactly is "seat share basis" in helicopter transport under GST?
Answer: "Seat share basis" means the passengers pay per seat rather than chartering the whole helicopter. This model is now clearly defined for GST applicability under this amendment.
Q3: 📆 From when does the new helicopter seat-share GST rate come into force?
Answer: The amendment comes into effect from 10th October 2024 as per the notification.
Q4: 🔄 How is this amendment different from earlier provisions on air transport under GST?
Answer: Previously, only general air transport categories were included. With this amendment, a specific entry (ivb) is introduced for helicopter travel on a seat-share basis, ensuring clarity and standardized GST application.
Q5: 🧾 Can service providers claim ITC on goods used for helicopter operations?
Answer: No, the notification clearly states that input tax credit (ITC) on goods used for providing the seat-share helicopter service cannot be claimed if opting for the 5% GST rate.
Q6: 🤝 What are the compliance tips for aviation startups or helicopter charter services?
Answer: They must clearly classify their services under the new clause (ivb) and ensure ITC on goods is not claimed. Proper invoicing and tax treatment should be ensured. Need help? Consult GST professionals at Finodha 👉 https://finodha.in/gst-compliance/
Q7: 🔍 Where can I refer to the original GST Notification No. 8/2017 and its latest amendment?
Answer: The original was published on 28th June 2017, and this latest amendment (07/2024) was notified on 8th October 2024, effective from 10th October 2024.
Q8: 🚁 Are there other GST rates for air travel besides helicopters?
Answer: Yes. This notification adds to existing classifications like economy class and business class flights under earlier items (iva) and (vii). For full clarity, review the GST Rate Table or consult GST experts via https://finodha.in/online-gst-registration/
📚 Summary:
Notification No. 07/2024 – Integrated Tax (Rate) adds clarity to GST on helicopter transportation (seat share basis), charging 5% GST with restrictions on ITC of goods. It supports aviation service classification and compliance.
📢 Bonus Tip: For businesses providing aviation or logistics services, accurate classification under GST is crucial. Finodha offers setup & registration support 👉 https://finodha.in/setup-business/
GST [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (i)]
G.S.R….(E).- In exercise of the powers conferred by sub-section (3) of section 5 of the IGST Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 4/2017- Integrated Tax (Rate), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 669(E), dated the 28th June, 2017, namely:-
In the said notification, in the Table, after S. No. 7 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
(1)
(2)
(3)
(4)
(5)
“8.
72, 73, 74, 75, 76, 77, 78, 79, 80 or 81
Metal scrap
Any unregistered person
Any registered person”.
2. This notification shall come into force on the 10th day of October, 2024.
(Amreeta Titus) Deputy Secretary
Note: - The principal notification No. 4/2017- Integrated Tax (Rate) was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 669(E), dated the 28thJune, 2017 and was last amended by notification No. 22/2023- Integrated Tax (Rate), dated the 19th October, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 781(E), dated the 19th October, 2023.
❓ Q1: What is Notification No. 06/2024 - Integrated Tax (Rate) all about?
Answer: Notification No. 06/2024-Integrated Tax (Rate) amends the original Notification No. 4/2017-IGST. It introduces a new S. No. 8 in the GST rate table, specifically covering "metal scrap" classified under HSN codes 72 to 81, supplied by an unregistered person to a registered person. This clarifies the reverse charge applicability under IGST.
❓ Q2: Which goods are covered under this notification?
Answer: The notification applies to "metal scrap" under HSN chapters 72 to 81. This includes items like: 🧱 Iron and steel scrap 🛢️ Copper scrap 🔩 Aluminium and lead scrap 🔧 Zinc and tin scrap These are now subject to reverse charge when supplied by an unregistered person to a registered dealer.
❓ Q3: Who bears the GST liability in such transactions?
Answer: Under reverse charge mechanism (RCM), the registered recipient (buyer) is liable to pay IGST when purchasing metal scrap from an unregistered seller. 🧾 Need help with GST Compliance? Let GST professionals at Finodha.in guide you → GST Compliance Support
❓ Q4: From when is this amendment effective?
Answer: The provisions of Notification 06/2024-IGST are applicable from 📅 10th October 2024.
❓ Q5: Is this amendment applicable PAN India?
Answer: Yes ✅, this notification applies uniformly across all States and Union Territories under the Integrated Goods and Services Tax (IGST) framework.
❓ Q6: What is the impact on the metal scrap trade?
Answer: This change brings: ✅ More clarity in compliance 📊 Accountability on registered buyers 💼 A shift in tax burden under RCM ⛔ No more unregistered supply without compliance obligation Looking to formalize your scrap business? Start with Online GST Registration at Finodha!
❓ Q7: Does this affect export or import of scrap?
Answer: No, the notification solely concerns domestic transactions where a registered person receives metal scrap from an unregistered seller. 🌐 For export-import compliance, consult Finodha’s GST experts → Contact Experts
🧠 Summary:
Notification No. 06/2024-Integrated Tax (Rate) ensures that scrap dealers and traders correctly handle GST through RCM when dealing with unregistered sellers. It aims to plug revenue leakage and enforce tax discipline in the metal scrap sector.
🔚 Conclusion:
If you're a business dealing in scrap metals, it's crucial to understand and implement the changes introduced by this notification. Keep your GST obligations sorted to avoid penalties.
📌 Get support from certified professionals via Finodha for:
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (i)]
G.S.R (E).- In exercise of the powers conferred by sub-section (1) of section 5 and IGST Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 1/2017-Integrated Tax (Rate), published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E), dated the 28th June, 2017, namely:-
In the said notification, -
after Schedule I – 5% , in List 1, after item number 232 and the entries relating thereto, the following item numbers and entries shall be inserted, namely: -
“(233) Trastuzumab Deruxtecan
Osimertinib
Durvalumab”;
in Schedule II – 12%, after S. No. 32B and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
“32C
1905 90 30
Extruded or expanded products, Savoury or salted (other than un-fried or un- cooked snack pellets, by whatever name called, manufactured through process of extrusion)”;
in Schedule III – 18%, -
against S. No. 16, in column (3), for the words “un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion”, the words “ un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion, extruded or expanded products, savoury or salted” shall be substituted;
for S. No. 435A and the entries relating thereto, the following S. No. and entries shall be substituted, namely: -
“435A
9401 [other than 9401 10 00 or 9401 20 00]
Seats (other than those of heading 9402), whether or not convertible into beds and parts thereof other than seats of a kind used in aircraft or seats of a kind used for motor vehicles”;
in Schedule IV – 28%, after S. No. 210 and the entries relating thereto, the following S. No. and entries shall be inserted, namely: -
“210A
9401 20 00
Seats of a kind used for motor vehicles”.
2. This notification shall come into force on the 10th day of October, 2024.
(Amreeta Titus) Deputy Secretary
Note: - The principal notification No. 1/2017- Integrated Tax (Rate), dated the 28th June, 2017, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 666(E), dated the 28th June, 2017, and was last amended vide notification No. 2/2024 – Integrated Tax (Rate), dated the 12th July, 2024, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 397(E), dated the 12th July, 2024.
Q1: What is Notification No. 05/2024 - Integrated Tax (Rate) all about?
Answer: Notification No. 05/2024 – Integrated Tax (Rate) introduces amendments to the original Notification No. 1/2017 - Integrated Tax (Rate). It revises the GST rate slabs by adding new pharmaceutical items, snack products, and reclassifying certain goods like motor vehicle seats under respective schedules ranging from 5% to 28%. These changes are effective from 10th October 2024.
Q2: 🧬 Which new pharmaceutical drugs have been added under 5% GST?
Answer: Under Schedule I – 5% GST List, the following high-value cancer and immunotherapy drugs have been added: (233) Trastuzumab Deruxtecan (234) Osimertinib (235) Durvalumab These additions aim to reduce the treatment cost of critical diseases.
Q3: 🍿 What changes have been made to the snack food GST rates?
Answer: A new entry "Extruded or expanded products, savoury or salted (excluding un-fried or un-cooked snack pellets)" has been added under Schedule II – 12%. Earlier, these products were taxed under 18%. This lowers the tax burden on commonly consumed snacks.
Q4: 🪑 What updates are made for furniture and seats under GST?
Answer: Two major updates were made: Under Schedule III – 18%: New wording added for extruded snacks, and S. No. 435A now refers to "Seats (other than for aircraft or motor vehicles) whether or not convertible into beds" under 9401. Under Schedule IV – 28%: S. No. 210A now includes "9401 20 00 - Seats of a kind used for motor vehicles". This reclassification clarifies which types of seats fall und
Q5: 📅 From when are these new GST rates applicable?
Answer: The revised rates and classifications under Notification No. 05/2024 – IGST are applicable starting from 10th October 2024.
Q6: 🔍 Where can I get help in complying with these GST rate changes?
Answer: You can get personalized guidance on GST compliance, registration, return filing, and product classification by reaching out to GST professionals at Finodha GST Compliance. For expert help with filing, use GST Return Filing or Online GST Registration.
Q7: 💼 How do these changes affect MSMEs or businesses in the food or pharma sector?
Answer: These updates reduce GST for key medical drugs and some food products, providing relief to pharma companies, FMCG snack manufacturers, and indirectly benefitting MSMEs. Businesses should update their billing systems, HSN codes, and consult a GST expert to avoid compliance errors. Finodha MSME Advisory can help with all GST transition requirements.
Q8: ⚠️ What happens if a business fails to apply these new rates post 10th October 2024?
Answer: Failure to implement revised tax rates could lead to incorrect invoicing, tax shortfalls, penalties, or disputes with customers and the GST department. Timely updating of ERP systems and training of accounting staff is essential. For safe compliance, consider Finodha’s Private Limited Company ROC Support.
🧾 Summary of Notification No. 05/2024 – IGST (Rate)
Product Type
Schedule
GST Rate
Life-saving Drugs (Cancer, etc.)
I
5%
Savoury Extruded Snacks
II
12%
Snack pellets, certain seats
III
18%
Motor Vehicle Seats (9401 20 00)
IV
28%
🚀 Boost Your Business Compliance with Finodha
👉 Whether you're a startup, MSME, or enterprise—stay tax-compliant with Finodha:
GST [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (i)]
G.S.R.…(E).—In exercise of the powers conferred by the second proviso to section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), read with sub-section (1) of section 52 of the Central Goods and Services Tax Act,2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 02/2018-Integrated Tax, dated the 20th September, 2018 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 901(E), dated the 20th September, 2018, namely:-
In the said notification, for the words “one per cent.”, the words “half per cent.” shall be substituted.
2. This notification shall come into force from the date of its publication in official gazette.
(Raghavendra Pal Singh) Director
Note: - The principal Notification No. 02/2018-Integrated Tax, dated the 20th September, 2018 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 901(E), dated the 20th September, 2018.
Q1: 📢 What is Notification No. 01/2024 – Integrated Tax all about?
Answer: This notification amends Notification No. 02/2018–Integrated Tax to revise the integrated tax (IGST) rate from 1% to 0.5% on specified categories under Section 52 of the CGST Act, applicable to e-commerce operators. The change aligns with the GST Council's recommendation and is effective from the date of publication.
Q2: 📉 What has changed in Notification No. 02/2018 – Integrated Tax?
Answer: The term “one per cent” is replaced by “half per cent.” This essentially means that the IGST rate applicable in specific scenarios is halved to 0.5%.
Q3: 🗓️ From when is Notification No. 01/2024 effective?
Answer: The notification takes effect from the date it is published in the Official Gazette, i.e., 10th July 2024.
Q4: 👥 Who benefits from this rate reduction under Notification 01/2024?
Answer: Primarily, e-commerce operators liable to collect tax at source under Section 52 of the CGST Act benefit from the rate revision. It reduces their IGST collection liability from 1% to 0.5%.
Q5: 🧾 What is the purpose of Section 52 in the CGST Act?
Answer: Section 52 mandates that e-commerce operators collect tax at source (TCS) at a notified rate on taxable supplies made through their platforms. The amendment reduces this collection burden.
Q6: 💼 How should businesses implement this change?
Answer: Businesses and e-commerce platforms should update their billing systems to reflect the new 0.5% IGST rate. They must also review agreements and systems that previously factored in the 1% rate.
Q7: ⚠️ What are the compliance implications of this change?
Answer: While the rate is reduced, the requirement to collect TCS and file Form GSTR-8 remains unchanged. Timely filing and correct rate application are crucial for compliance. You can ensure your filings stay on track with GST Return Filing services by Finodha: https://finodha.in/gst-return-filing/
Q8: 📚 Where can I read Notification No. 02/2018–Integrated Tax?
Answer: Notification No. 02/2018 was published on 20th September 2018 and can be accessed on the official CBIC or Gazette websites. Notification 01/2024 directly references and modifies its contents.
Q9: 🛠️ What do I do if my accounting software still applies 1% IGST?
Answer: You should coordinate with your IT or accounting software provider to patch the tax rate to 0.5%. This helps prevent over-collection and future rectification hassles.
Q10: 🤝 Where can I get expert help with IGST compliance and rate updates?
Notification No. 01/2024–Integrated Tax introduces a beneficial reduction in the IGST rate to 0.5%, easing the tax collection process for e-commerce operators. It is vital for businesses to adapt to this rate change to remain compliant and avoid penalties.
✅ Conclusion
This rate reduction is a welcome move, lowering the cost of tax compliance for e-commerce entities while maintaining GST discipline. Timely awareness and updates in systems and practices will ensure seamless integration of this change.
Need GST help or system support? Finodha is just a click away! 🧾🚀
Important Keyword: Notification No. 09/2024 - Central Tax (Rate), GST on renting, Goods and Services Tax property rental 2024, Goods and Services Tax unregistered to registered rent, GST update October 2024,
Words:1002; Read time: 5 minutes
Table of Contents
[F.No. 190354/149/2024-TO(TRU-II) – Part-I CBEC] Government of India Ministry of Finance (Department of Revenue)
New Delhi, the 8th October, 2024
Notification No. 09/2024 - Central Tax (Rate): Seeks to amend Notification No. 13/2017 - Central Tax (Rate) dated 28.06.2017
GST [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GSR (E).- In exercise of the powers conferred by sub-section (3) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), number 13/2017-Central Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i), vide number G.S.R. 692(E), dated the 28th June, 2017, namely: -
In the said notification, in the Table, after serial number 5AA and the entries relating thereto, the following serial number and entries relating thereto in columns (2), (3) and (4) shall be inserted, namely: -
(1)
(2)
(3)
(4)
“5AB
Service by way of renting of any property other than residential dwelling.
Any unregistered person
Any registered person.”
This notification shall come into force with effect from the 10th day of October, 2024.
(Dilmil Singh Soach) Under Secretary to the Government of India
Note: -The principal notification number 13/2017 -Central Tax (Rate), dated the 28th June, 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 692 (E), dated the 28th June, 2017 and was last amended vide notification number 14/2023 -Central Tax (Rate), dated the 19th October, 2023 published in the Gazette of India vide number G.S.R. 765(E), dated the 19th October, 2023.
Q1: What does Notification No. 09/2024-Central Tax (Rate) specify?
Answer: The notification introduces a new entry (5AB) to the reverse charge mechanism under GST. It states that if an unregistered person rents out property (excluding residential dwelling) to a registered person, the liability to pay GST falls on the registered recipient.
Q2: When does this notification come into force?
Answer: The provisions of Notification No. 09/2024-Central Tax (Rate) become effective from October 10, 2024.
Q3: Does the new rule apply to residential property rentals?
Answer: No 🏠. The reverse charge mechanism introduced via entry 5AB is only applicable to renting of property other than residential dwellings.
Q4: Who is liable to pay GST in case of rental by an unregistered person to a registered person?
Answer: Under the reverse charge mechanism, the registered person receiving the service (tenant) is liable to pay GST, not the unregistered landlord.
Q5: How does this affect GST compliance for registered businesses?
Answer: Businesses must account for and pay GST on such rental services via reverse charge and report it in their GSTR-3B. They can also claim input tax credit (ITC) where eligible. For seamless compliance, explore: GST Compliance Services – https://finodha.in/gst-compliance/
Q6: Is GST registration required for the unregistered property owner now?
Answer: No, the liability to pay GST lies with the registered recipient under RCM, so the unregistered landlord does not need to register under GST due to this transaction alone.
Q7: How do I report such transactions in GST returns?
Answer: These must be reported under reverse charge in GSTR-3B. Use the “Reverse Charge Supplies” section. For help with returns, visit: GST Return Filing – https://finodha.in/gst-return-filing/
Q8: What is the legal backing for this change?
Answer: This amendment is issued under Section 9(3) of the CGST Act, 2017, allowing the government to notify categories of supply for which the recipient is liable to pay tax under reverse charge.
Q9: How does this change compare with previous provisions?
Answer: Earlier, renting of property by an unregistered person was not covered under reverse charge. This notification brings such transactions under the GST net if the recipient is registered.
Q10: Where can I get expert help for GST on rental services?
Under reverse charge, recipients cannot avoid compliance even if the supplier is unregistered. This ensures that the GST system remains robust and leak-proof.
Notification No. 09/2024-Central Tax (Rate) significantly expands the reverse charge mechanism, making GST compliance mandatory for registered recipients of non-residential rental services from unregistered persons. Stay ahead by aligning your rental agreements and reporting practices with the new changes.
