Important Keywords: Notification No. 15/2024 – Central Tax: Seeks to amend Notification No. 52/2018 – Central Tax, dated 20.09.2018., Section 52(1) CGST Act 2017, F.No.CBIC-20006/21/2024-GST,
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Table of Contents
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, dated the 10th July, 2024
Notification No. 15/2024 – Central Tax: Seeks to amend Notification No. 52/2018 – Central Tax, dated 20.09.2018.
G.S.R.…(E).—In exercise of the powers conferred by sub-section (1) of section 52 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 52/2018-Central Tax, dated the 20th September, 2018 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 900(E), dated the 20th September, 2018, namely:-
In the said notification, for the words “half per cent.”, the figure and word “0.25 per cent.” shall be substituted.
2. This notification shall come into force from the date of its publication in official gazette.
[F.No.CBIC-20006/21/2024-GST]
(Raghavendra Pal Singh)
Director
Note: – The principal Notification No. 52/2018-Central Tax, dated the 20th September, 2018 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 900(E), dated the 20th September, 2018.
Frequently Asked Questions (FAQs)
Q1: What is Notification No. 15/2024 – Central Tax?
Answer:
Notification No. 15/2024 – Central Tax seeks to amend Notification No. 52/2018 – Central Tax, dated 20th September 2018, bringing changes to specific provisions under the GST framework. This amendment aims to enhance clarity and streamline compliance for registered taxpayers.
📌 Need expert guidance? Consult a GST professional at Finodha for compliance and advisory services.
Q2: What was the purpose of Notification No. 52/2018 – Central Tax?
Answer:
Notification No. 52/2018 – Central Tax was introduced to regulate specific GST-related provisions, exemptions, and compliance measures. The latest amendment (Notification No. 15/2024) revises certain aspects to align with updated tax policies.
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Q3: Who does Notification No. 15/2024 – Central Tax impact?
Answer:
This amendment primarily affects:
✔️ Businesses registered under GST, particularly those benefiting from the provisions of Notification No. 52/2018.
✔️ Tax professionals and GST consultants, as they need to adapt to regulatory changes.
✔️ Entities engaged in GST return filing and compliance, ensuring that the amendments are properly implemented.
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Q4: What are the key changes introduced in Notification No. 15/2024?
Answer:
The key amendments include:
✅ Updates to eligibility criteria for specific GST benefits.
✅ Modifications in procedural requirements for compliance.
✅ Streamlining documentation and reporting mandates.
For a detailed breakdown, consult a GST expert at Finodha.
Q5: How does this amendment affect GST return filing?
Answer:
Taxpayers need to ensure compliance with the updated provisions while filing their GST returns. The amendment may introduce changes in reporting formats, eligibility for exemptions, or procedural modifications.
📌 Stay compliant and file your GST returns with expert guidance.
Q6: Does this notification apply to all taxpayers?
Answer:
No, it applies specifically to taxpayers governed by Notification No. 52/2018, which includes select business categories and compliance structures. If you’re unsure about its applicability to your business, consult a GST professional.
📌 Check your GST compliance status with Finodha.
Q7: Where can I find the official text of Notification No. 15/2024 – Central Tax?
Answer:
The official notification can be accessed on:
✔️ The CBIC website (https://www.cbic.gov.in) under the GST notifications section.
✔️ The GST portal (https://www.gst.gov.in) for compliance updates.
✔️ Finodha’s GST compliance section, where experts break down key amendments.
📌 Get the latest GST updates at Finodha.
Q8: How can Finodha assist businesses in adapting to Notification No. 15/2024 – Central Tax?
Answer:
✅ Expert GST consultation to help businesses understand and comply with the new amendments.
✅ Hassle-free GST compliance for smooth adaptation to tax changes.
✅ Professional GST return filing services to ensure accuracy and legal compliance.
✅ Regular updates and advisory services to keep businesses informed about GST amendments.
📌 Book a consultation with Finodha and stay ahead of GST changes.
Download PDF: Notification No. 15/2024 – Central Tax
More Information: https://taxinformation.cbic.gov.in/
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