Central Government Amends Tax Notification Effective May 15, 2024

The Central Government exercises powers under the Central Goods and Services Tax Act to amend a tax notification. The amendment alters the effective date from April 1, 2024, to May 15, 2024.

This adjustment follows recommendations from the Council, aiming for improved regulatory clarity. The notification, originally issued on January 5, 2024, undergoes modification to align with evolving fiscal policies.

The change takes effect from April 1, 2024, ensuring timely implementation of the revised directive. Directed by Raghavendra Pal Singh, Director, the amendment enhances operational efficiency within the tax framework.

This adjustment reflects the government's commitment to responsive and agile governance.