GST Notification Amendment - Highlights

Objective: Amendment to Notification No. 12/2017-Central Tax (Rate), dated 28th June 2017, under the Central Goods and Services Tax Act, 2017.

Nature of Amendment: Specific modification related to satellite launch services.

Modification Details: Substitution of the entry in column (3) against serial number 19C with "Satellite launch services."

Effective Date: The amendment is effective from 27th July 2023.

Issuing Authority: Issued by Rajeev Ranjan, Under Secretary to the Government of India.

Background: Refers to the principal notification No. 12/2017, highlighting the evolving nature of tax regulations.

Key Focus: Emphasis on specificity, categorizing satellite launch services for clearer tax implications.

Note: This condensed summary aims for clarity and easy comprehension. Refer to the official notification for comprehensive details.