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GST > Central Tax (Rate) 2023 Notifications

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Notification No. 01/2023 – CT(R): NTA Recognized

As per Notification No. 01/2023 – Central Tax (Rate), services by NTA & similar govt bodies conducting entrance exams are GST exempt. Learn more about GST updates.

Notification no. 02/2023 – CT(R): GST Amendment on Services

Notification No. 02/2023 amends GST service tax rules to include courts and tribunals. Learn what changed and how it impacts GST liability from 1st March 2023.

Notification No. 03/2023 – Jaggery & Pencil Sharpener Rates

Explore Notification No. 03/2023 – Central Tax (Rate) on GST rate changes for jaggery, Khand sari sugar, rab, and pencil sharpeners, effective 1st March 2023.

Notification No. 04/2023 Explained: GST Rate Change on Rab

Notification 04/2023-Central Tax (Rate) introduces GST exemption for non-packaged Rab from 1st March 2023. Learn how it impacts tax applicability.

Notification No. 05/2023 – CT (R): GTA Forward Charge GST

Notification No. 05/2023 – Central Tax (Rate) extends the last date to opt for forward charge under GST by GTAs. Learn more about the latest compliance updates.

Notification No. 06/2023 – CT (R): GST GTA Declaration Rules

Learn about GST Notification No. 06/2023 – Central Tax (Rate) with updated rules on GTA declarations, forward & reverse charge, and Annexure VI.

Notification No. 07/2023 CT(R): GST Exemption on Satellite

Notification No. 07/2023 exempts GST on satellite launch services from 27th July 2023. Explore scope, eligibility & benefits. Updated by Finodha GST experts.

Notification No. 08/2023 CTR Update: GST Amendment

Notification No. 08/2023 – Central Tax (Rate) amends GST rules on services. Know its scope, changes in reverse charge and impacts. Effective 27 July 2023.

Notification No. 09/2023 Explained: GST Rate Update

G.S.R (E).- In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the CGST Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council,

GST Notification No. 10/2023 – FTP & Handbook Amendment

Explore Notification No. 10/2023 – Central Tax (Rate) amending FTP definitions under GST. Understand its scope, impacts, and compliance with Finodha experts.

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Shielding Your Business: A Comprehensive Guide to Business Continuity Planning (BCP)

Business Continuity Planning (BCP) is like a safety net for businesses, ready to cushion the impact when the unexpected hits. It’s more than just disaster management—it’s a strategic contingency plan ensuring the safety of a company’s assets, processes, and resources against unforeseen disruptions.

FAQs on GST applicability on ‘pre-packaged and labelled’ goods- reg

The changes relating to GST rate, in pursuance of recommendations made by the GST Council in its 47th meeting, are coming into effect from the 18th of July, 2022. One such change is moving from imposition of GST on specified goods when bearing a registered brand or brand in respect of which an actionable claim or enforceable right in a court of law is available to imposition of GST on such goods when “pre-packaged and labelled”. Certain representations have been received seeking clarification on the scope of this change, particularly in respect of food items like pulses, flour, cereals, etc. (specified items falling under the Chapters 1 to 21 of the Tariff), as has been notified vide notification No. 6/2022-Central Tax (Rate), dated the 13th of July, 2022, and the corresponding notifications for SGST and IGST.

FAQ on GST for Traders (Frequently Asked Questions)

Under GST, a trader would be entitled to avail input tax credit paid on their domestic procurements of goods and services unlike the present indirect tax regime. Presently, a significant portion of indirect taxes namely Central Excise and Service Tax form part of the cost component for a trader.

Order No. 01/2022 – GST: Authorization Under CGST Rules

Explore Order No. 01/2022 – GST: Authorisation Under CGST Rules & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Electronic Way Bill in GST

Electronic Way Billi’s a document required for movement of goods and it includes details such as name of consignor, consignee, transporter, the point of origin of the movement of godsend its destination.Electronic Way Bill (e-way bill) is basically a compliance mechanism wherein by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates e-way bill on the GST portal.

Order No. 01/2020 – GST: Extension of FORM GST TRAN-1

Explore Order No. 01/2020 – GST: Extension of FORM GST TRAN-1 & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Order No. 01/2020 – CT: Revocation of Cancellation of Reg.

Explore Order No. 01/2020 – CT: Revocation of Cancellation of Reg. & its implications for taxpayers. Get informed and stay compliant with the latest updates.

FAQs On TCS Under GST (Frequently Asked Questions)

As per Section 2(44) of the CGST Act, 2017, electronic Commerce means the supply of goods or services or both, including digital products over digital or electronic network.

FAQs on Anti-profiteering provisions (Frequently Asked Questions)

In terms of Section 171 of the CGST Act, 2017, the suppliers of goods and services should pass on the benefit of any reduction in the rate of tax or the benefit of input tax credit to the recipients by way of commensurate reduction in prices. The wilful action of not passing on the above benefits to the recipients in the manner prescribed is known as “profiteering”.

Order No. 01/2019 – GST: Extension of time limit for TRAN-1

Explore Order No. 01/2019 – GST: Extension of time limit for TRAN-1 & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Circular No. 123/42/2019 – GST: Seeks to clarify restrictions in availment of input tax credit in terms of sub-rule (4) of rule 36 of CGST Rules, 2017.

Sub-rule (4) to rule 36 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the CGST Rules) has been inserted vide notification No. 49/2019- Central Tax, dated 09.10.2019. The said sub-rule provides restriction in availment of input tax credit (ITC) in respect of invoices or debit notes, the details of which have not been uploaded by the suppliers under sub-section (1) of section 37of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the CGST Act).

Circular No. 23/23/2017 – GST: Issues in respect of maintenance of books of accounts relating to additional place of business by a principal or an auctioneer for the purpose of auction of tea, coffee, rubber etc.

The issue has been examined. In exercise of the powers conferred under section 168(1) of the CGST Act, for the purpose of uniformity in the implementation of the Act, it is hereby clarified that –

FREQUENTLY ASKED QUESTIONS (FAQs) ON FINAL GOODS AND SERVICES TAX (GST) Part- 13.1

An invoice is an important document evidencing supply of goods and services. It is an important determinant of time of supply i.e. when the liability to pay GST arises. It is also a mandatory document for the purposes of availing Input Tax Credit.

Notification No. 23/2019 – Union Territory Tax (Rate) Update

Understand Notification No. 23/2019 UTGST Rate on development rights, GST impact, examples, compliance tips & FAQs for builders and landowners.

Notification No. 02/2019 – Union Territory Tax (Rate) Update

Notification No. 02/2019 – Union Territory Tax (Rate) introduces 6% composition scheme for service providers with turnover up to ₹50 lakh.

FORM GST RFD-07: Order for withholding the refund

Refund payable to the taxpayer with respect to ARN specified above are hereby withheld in accordance with the provisions of sub-section (10)/ (11) of section 54 of the CGST Act, 2017. The reasons for withholding are given as under:

Rule 153. Attachment of interest in partnership.

) Where the property to be attached consists of an interest of the defaulter, being a partner, in the partnership property, the proper officer may make an order charging

Rule 9. Report relating to recovery of various taxes from refunds.-

Report of settlement arising between Centre (Central Tax) and State (State Tax) or Centre (Union Territory Tax) on account of recovery of any tax, interest, penalty,

Notification No. 18/2024 – CT: Cases of Anti – Profiteering

Explore Notification No. 18/2024 – CT: Cases of Anti-Profiteering & its implications for taxpayers. Get informed and stay compliant with the latest updates.

Notification No. 08/2023 – UTT (R) GST Forward vs Reverse

Notification No. 08/2023-UT Tax (Rate) amends GST rules on service tax liability under forward charge. Effective from July 27, 2023, as per GST Council 50th meet.