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GST > 2023 Notifications

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Notification No. 1/2023 – Compensation Cess (Rate) Explained

Get clarity on Notification No. 1/2023 – Compensation Cess (Rate) on coal rejects. Learn GST implications for coal washeries. Effective from 1st March 2023.

Notification No. 2/2023 – Compensation Cess (Rate) RSP-based

Know the revised RSP-based cess rates on tobacco and pan masala via Notification No. 2/2023 – Compensation Cess (Rate), effective April 1, 2023.

Notification No. 3/2023 – Compensation Cess (Rate) Rates

Explore FAQs on Notification No. 3/2023 – Compensation Cess (Rate). Learn about GST rate updates for tobacco, pan masala, and SUV classifications under GST.

Notification No. 01/2023 – Compensation Cess Section 163

Notification No. 01/2023 Compensation Cess activates Section 163 of Finance Act, 2023 from 1 April 2023. It relates to GST Compensation to States Act.

Notification No. 01/2023 – UTT (R): Exempted for NTA Exams

Notification 01/2023 UTGST clarifies that NTA and govt bodies conducting entrance exams are educational institutions for GST exemption purposes. Effective 1 March 2023.

Notification No. 02/2023 – UTT (R) Courts & Tribunals

Notification 02/2023 UTGST amends GST law to include Courts, Tribunals, and State Legislatures under exempt entities. Effective from 1st March 2023.

Notification No. 03/2023 – UTT (R) Jaggery & Sharpeners

Notification 03/2023 – Union Territory Tax (Rate) updates GST for pre-packaged jaggery, Khand sari sugar, rab (5%), and pencil sharpeners (now 12%). Effective 1 Mar 2023.

Notification No. 04/2023 – UTT (R) GST Exemption for Rab

Notification 04/2023 – Union Territory Tax (Rate) adds unpackaged Rab as GST exempt under S. No. 94. Effective from 1 March 2023. Know how this impacts you.

Notification No. 05/2023 – UTT (R) GTA Forward Charge

Notification 05/2023 – UT Tax extends deadline to opt for GTA forward charge GST till 31 May 2023. New GTAs can also file within 45 days of registration.

Notification No. 07/2023 – UTT (R) Satellite Launch GST

Notification No. 07/2023-UT Tax (Rate) makes satellite launch services GST-exempt. Effective from 27 July 2023 as per GST Council’s 50th meeting.

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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.

SCHEDULE I. ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION

(2) Supply of goods or services or both between related persons or between distinct persons as specified in section 25, when made in the course or furtherance of business:

Rule 59. Form and manner of furnishing details of outward supplies.-

Important Keyword: FORM GSTR-1, section 14, section 37, section 39, section 37. Table of Contents GST Rule 59. Form and manner of furnishing details of outward supplies.- GST Rule 59. Form and manner of furnishing details of outward supplies.- (1) Every registered...

Notification No. 16/2021 – UTTR GST E-commerce

Explore Notification No. 16/2021 – Union Territory Tax (Rate) amending Notification 12/2017, clarifying GST on e-commerce and government-related services effective 1 Jan 2022.

Tweet FAQ-III (Frequently Asked Questions)

The tweets received by ask GST GoI handle were scrutinized and developed into a short FAQ of 50 tweets. It should be noted that the tweets received, or the replies quoted are only for educational and guidance purposes and do not hold any legal validity. For complete provisions relating to law and rules, notifications and other information available on the CBEC website (www.cbec.gov.in; www.cbec-gst.gov.in) may be referred to.

Rule 150. Assistance by police.

The proper officer may seek such assistance from the officer- in charge of the jurisdictional police station as may be necessary in the discharge of his duties

GST on Restaurant Bills | What You Should Know

Understand GST on restaurants and its effect on bills. Learn about applicable tax rates for dining out or ordering food at Indian restaurants.

Section 26. Removal of difficulties.

Provided that no such order shall be made after the expiry of a period of 1[five years] from the date of commencement of this Act.

Notification No. 09/2019 – Central Tax Explained

G.S.R…..(E).–In exercise of the powers conferred by section 168 of the CGST Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of the Central Goods and Services Tax Rules, 2017

Notification No. 11/2017 – Union Territory Tax Explained

Understand Notification 11/2017-Union Territory Tax, HSN digit requirements for Andaman & Nicobar businesses, turnover limits, and GST invoice rules.

Corrigendum to Notification No. 82/2020 – Central Tax.

Corrigendum to Notification No. 82/2020 – Central Tax corrects a reference from Notification 72/2020 to 79/2020, ensuring legal consistency in GST amendments.