Amendments to Central Goods and Services Tax Rules, 2017:
Scope Expansion:
Special Economic Zone (SEZ) units included in notification.
Applies to SEZ units and other entities as specified.
Revised Turnover Threshold:
Threshold increased from one hundred crore rupees to five hundred crore rupees.
Applicable for SEZ units and specified entities.
Government Intervention:
Amendments made by the Government based on Council recommendations.
Aimed at enhancing compliance and ease of doing business.
Effective Date:
Enforced from the date of publication in the Gazette of India.
Directive Issuer:
Notification issued by Pramod Kumar, Director, Government of India.
Compliance Required:
SEZ units and specified entities must adhere to revised regulations.
Objective:
Facilitate smoother operations and compliance for SEZ units and specified entities.