Notification No. 11/2022 – Integrated Tax (Rate) Explained

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

Notification No. 11/2022 - Integrated Tax (Rate): Rescinds notification No. 47/2017- Integrated Tax (Rate)

[TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY]

G.S.R. (E).-In exercise of the powers conferred by sub-section (1) of section 6 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 47/2017-Integrated Tax (Rate),dated the 14^th November, 2017, published in the Gazette of India, Extraordinary, vide number G.S.R.1396(E), dated the 14^th November, 2017, except as respects things done or omitted to be done before such rescission.

2. This notification shall come into force on the 18^th day of July, 2022.

(Vikram Vijay Wanere)
Under Secretary to the Government of India

📚 Frequently Asked Questions (FAQs): Notification No. 11/2022 - Integrated Tax (Rate)

Q1: What is Notification No. 11/2022 – Integrated Tax (Rate)?

Answer:
Notification No. 11/2022 – Integrated Tax (Rate), issued on 13th July 2022, rescinds the earlier Notification No. 47/2017 – Integrated Tax (Rate). This change ensures updated tax treatment in line with recommendations of the GST Council, effective 18th July 2022.

Q2: What does “rescinding Notification No. 47/2017” mean?

Answer:
Rescinding means withdrawing or canceling a previously issued notification. In this case, the benefits or provisions under Notification 47/2017 no longer apply from 18th July 2022, except for actions already taken before that date.

Q3: Why was Notification No. 47/2017 – Integrated Tax (Rate) rescinded?

Answer:
The rescission was made to streamline GST law and remove provisions that had either become redundant or required consolidation. This helps businesses avoid confusion and ensures smoother GST compliance.

Q4: From when is Notification No. 11/2022 – Integrated Tax (Rate) effective?

Answer:
The notification came into force on 18th July 2022. Any supplies or actions before this date under Notification 47/2017 remain valid.

Q5: Does rescinding this notification impact past transactions?

Answer:
No ✅. The rescission applies prospectively. That means all actions or benefits taken under Notification 47/2017 before 18th July 2022 remain valid and protected.

Q6: How does this change affect businesses under GST?

Answer:
Businesses need to recheck compliance requirements since earlier concessions under Notification 47/2017 are no longer available. For seamless compliance, consulting a GST Expert is highly recommended.

Q7: Where can taxpayers seek help with GST compliance after this change?

Answer:
Taxpayers can manage GST obligations like GST Return Filing, GST Registration, and GST Compliance through Finodha’s professional support.

Q8: Can businesses still claim exemptions under the rescinded notification?

Answer:
No 🚫. After 18th July 2022, exemptions or concessions under Notification 47/2017 cannot be claimed. Businesses must follow the updated GST framework.

Q9: What should businesses do if they had ongoing transactions under Notification 47/2017?

Answer:
If the transaction took place before 18th July 2022, the old provisions apply. For transactions after 18th July 2022, businesses must comply with the revised law.

Q10: How can businesses stay updated on similar GST changes?

Answer:
Regularly check CBIC updates and rely on professional guidance. Finodha also provides services like Income Tax Return Filing and MSME Registration to help businesses remain compliant.