Notification No. 10/2023 – Central Tax (Rate): Seeks to amend No. 26/2018- Central Tax (Rate) to implement the decisions of 50th GST Council.

Important Keyword: GST, F. No. 190354/133/2023-TRU, Notification No. 10/2023-Central Tax (Rate), (1) of section 11(1) CGST Act 2017, Notification No. 1/2023.

[F. No. 190354/133/2023-TRU]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

New Delhi, the 26^th July, 2023

Notification No. 10/2023 – Central Tax (Rate)

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 (1) of section 11 of the CGST Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, on being satisfied that it is necessary in public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No.26/2018-Central Tax (Rate),   dated   the   31^st December, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1263 (E), dated the 31^st December, 2018, namely: –

In the said notification, –

(A) in the opening paragraph, for the phrase “paragraph 4.41”, the phrase “paragraph 4.40”, shall be substituted;

(B) in the Explanation, –

i. for clause (a), the following clause shall be substituted, namely: —

“(a) “Foreign Trade Policy” means the Foreign Trade Policy, 2023, notified by the Government of India in the Ministry of Commerce and Industry vide notification No. 1/2023 dated the 31^st March, 2023, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (ii) vide S.O. 1565 (E). dated the 31^st March, 2023;”

ii. for clause (b), the following clause shall be substituted, namely: —

“(b) “Handbook of Procedures” means the Handbook of Procedure, notified by the Government of India in the Ministry of Commerce and Industry vide Public Notice No. 01/2023 dated the 1^st April, 2023, Extraordinary, Part-I, Section 1 vide F. No. 01/75/171/00016/AM-23/FTP Cell dated the 1^st April, 2023;”

2. This notification shall come into force on the 27^th July, 2023.

(Nitish Karnatak)
Under Secretary to the Government of India

Note: – The principal notification No. 26/2018 – Central Tax (Rate), dated the 31^st December, 2018 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1263(E), dated the 31^st December, 2018 and was last amended by notification No. 17/2019 – Central Tax (Rate), dated the 30^th September, 2019 vide published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section  (i), vide number G.S.R. 718(E), dated the 30^th September, 2019 .

Read More: Seeks to amend Notification No 01/2017- Central Tax (Rate) dated 28.06.2017.

Web Stories: Seeks to amend Notification No 01/2017- Central Tax (Rate) dated 28.06.2017.

Download Pdf: https://taxinformation.cbic.gov.in/