Notification No. 07/2023 - IT(R): GST on Satellite Launch

Want to File ITR, GST Returns & Pvt. Ltd. Registration

Notification No. 07/2023 - Integrated Tax (Rate): Seeks to amend notification No. 09/2017- Integrated Tax (Rate) so as to notify change in GST with regards to services as recommended by GST Council in its 50th meeting held on 11.07.2023.

[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) and sub-section (4) of section 5, subsection (1) of section 6 and clause (xxv) of section 20 of the IGST Act, 2017 (13 of 2017), read with sub-section (5) of section 15 and section 148 of the CGST Act, 2017 (12 of 2017), the Central Government, on being satisfied that it is necessary in the public interest so to do,

On the recommendations of the Council, hereby makes the following further amendment in the notification of the Government of India, Ministry of Finance (Department of Revenue) No.9/2017-Integrated Tax (Rate), dated the 28^th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3,Sub-section (i) vide number

G.S.R. 684 (E), dated the 28th June, 2017, namely:- In the said notification, in the Table, -

(a) against serial number 20C, for the entry in column (3), the following entry shall be substituted: -

(3)

“Satellite launch services.”.

2. This notification shall come into force with effect from 27th July, 2023.

(Rajeev Ranjan)
Under Secretary to the Government of India

Note: The principal notification no. 9/2017 -Integrated Tax (Rate), dated the 28th of June 2017 was published in the Gazette of India, Extraordinary, vide number G.S.R. 684 (E), dated the 28th of June, 2017 and last amended vide notification no. 01/2023 -Integrated Tax (Rate), dated the 28^th February, 2023 published in the official gazette vide number G.S.R. 143 (E), dated the 28^th February, 2023.

📚 Frequently Asked Questions (FAQs): Notification No. 07/2023 - Integrated Tax (Rate)

Q1: What is the main purpose of Notification No. 07/2023 - Integrated Tax (Rate)?

Answer:
The key purpose of Notification No. 07/2023 – Integrated Tax (Rate) is to amend the original Notification No. 09/2017 by updating the description of services under Serial No. 20C in the GST rate table. It specifically substitutes the entry to define it as "Satellite launch services" effective from July 27, 2023.

Q2: What services fall under “Satellite launch services” in the amended GST notification?

Answer:
"Satellite launch services" now explicitly include the launch of satellites into space, whether commercial, scientific, or governmental. This clarity helps streamline GST applicability and classification under the integrated tax system.

Q3: From which date is the revised GST rate on satellite launch services applicable?

Answer:
The amendment made through Notification No. 07/2023 – Integrated Tax (Rate) comes into effect from July 27, 2023.

Q4: Why was this amendment introduced by the GST Council in its 50th meeting?

Answer:
The change was made to bring more transparency and categorization clarity in services related to the rapidly growing space sector in India. The 50th GST Council meeting recommended it to ensure tax alignment with emerging technology sectors.

Q5: Does this affect ISRO and private launch service providers?

Answer:
Yes ✅, both ISRO and private space-tech companies providing launch services will fall under the purview of the updated service category. However, applicable exemptions, if any, are subject to further GST Council decisions.

Q6: How does this amendment benefit businesses and startups in the space sector?

Answer:
This amendment provides better tax compliance clarity for startups and organizations in the space launch segment. It reduces ambiguity and enhances ease of doing business within India’s growing satellite tech ecosystem.

📌 Looking for expert help on GST updates or startup compliance?

✅ Consult a GST Expert: www.Finodha.in

🧾 File GST Returns Online: GST Return Filing

🛰 Start a Space-Tech or Pvt Ltd Company: Private Limited Registration

📑 Comply hassle-free: GST Compliance Services

🚀 Setup New Business: Business Setup