Notification No. 50/2023
Date: September 29, 2023
Subject: Amendment to Notification No. 66/2017–Central Tax to exclude specified actionable claims from composition levy.
Description:
The composition scheme under section 10 of the CGST Act is amended to exclude registered persons making supply of specified actionable claims. The exclusion applies to actionable claims as defined under the CGST Act. Such suppliers are not eligible for the composition levy from the specified date.
Effective Date:
1 October 2023
Previous Notification:
Notification No. 66/2017 – Central Tax dated 15.11.2017