Rule Amendment:
The Central Government, empowered by section 23 of the CGST Act, introduces amendments to the notification (No. 10/2019-Central Tax, dated March 7, 2019).
Recommendations of the Council:
Amendments are based on the GST Council's recommendations, emphasizing collaborative policymaking.
Effective Date:
The amended notification is effective from July 18, 2022, signaling the initiation of the revised tax framework.
Altered Entry in the Table:
Serial number 4 undergoes a modification, with the entry in column (3) now reading "Fly ash bricks; Fly ash aggregates; Fly ash blocks."
Issuing Authority:
Vikram Vijay Wanere, Under Secretary to the Government of India, authorizes the amendment, ensuring regulatory clarity.
Historical Reference:
The principal notification, No. 10/2019-Central Tax, was last amended on March 31, 2022, highlighting the dynamic nature of tax regulations.
Industry Impact:
The inclusion of specific fly ash products recognizes their significance, potentially influencing businesses engaged in their production and trade.
Note: This amendment showcases the government's responsiveness to industry dynamics, fostering an adaptable and inclusive GST framework.