This notification inserts an Explanation under S. No. 41 of Notification No. 12/2017–Central Tax (Rate) to clarify that, for claiming the specified exemption, the Central Government, State Government or Union Territory must have 50% or more ownership in the entity, either directly or through a wholly owned government entity. The clarification removes ambiguity regarding the ownership threshold for availing exemption and ensures uniform interpretation.Issued for earlier notification?Yes — issued to clarify and amend Notification No. 12/2017–Central Tax (Rate).
This notification inserts an Explanation under S. No. 41 of Notification No. 12/2017–Central Tax (Rate) to clarify that, for claiming the specified exemption, the Central Government, State Government or Union Territory must have 50% or more ownership in the entity, either directly or through a wholly owned government entity. The clarification removes ambiguity regarding the ownership threshold for availing exemption and ensures uniform interpretation.Issued for earlier notification?Yes — issued to clarify and amend Notification No. 12/2017–Central Tax (Rate).
Issued under section 52(1) of the CGST Act, this notification mandates that every electronic commerce operator (ECO), not being an agent, shall collect TCS at the rate of 0.5% of the net value of intra-State taxable supplies made through it where consideration is collected by the operator. The provision operationalises TCS under GST and strengthens tax compliance in e-commerce transactions.Amendment:Yes it has been amended through notification 15/2024,
Issued under section 52(1) of the CGST Act, this notification mandates that every electronic commerce operator (ECO), not being an agent, shall collect TCS at the rate of 0.5% of the net value of intra-State taxable supplies made through it where consideration is collected by the operator. The provision operationalises TCS under GST and strengthens tax compliance in e-commerce transactions.Amendment:Yes it has been amended through notification 15/2024,
Electronic commerce operators, other than agents, are required to collect tax at source on intra-State taxable supplies made through their platform. The rate of TCS is notified as 0.5 percent of the net value of taxable supplies. Collection applies where the consideration for such supplies is collected by the operator.Effective Date: 1st October, 2018
Electronic commerce operators, other than agents, are required to collect tax at source on intra-State taxable supplies made through their platform. The rate of TCS is notified as 0.5 percent of the net value of taxable supplies. Collection applies where the consideration for such supplies is collected by the operator.Effective Date: 1st October, 2018
The notification appoints 1st October, 2018 as the date on which section 52 of the CGST Act, 2017 becomes effective. Section 52 relates to collection of tax at source by electronic commerce operators. From this date, such operators are required to comply with TCS provisions under GST law.Effective Date: 1st October, 2018
The notification appoints 1st October, 2018 as the date on which section 52 of the CGST Act, 2017 becomes effective. Section 52 relates to collection of tax at source by electronic commerce operators. From this date, such operators are required to comply with TCS provisions under GST law.Effective Date: 1st October, 2018
Appoints 1 October 2018 as the date for implementation of section 51 of the CGST Act. Specifies classes of persons required to deduct tax at source including government bodies, societies and public sector undertakings. Supersedes earlier notification on the same subject.Effective Date: 1 October 2018Previous Notification: Notification No. 33/2017 – Central Tax dated 15 September 2017
Appoints 1 October 2018 as the date for implementation of section 51 of the CGST Act. Specifies classes of persons required to deduct tax at source including government bodies, societies and public sector undertakings. Supersedes earlier notification on the same subject.Effective Date: 1 October 2018Previous Notification: Notification No. 33/2017 – Central Tax dated 15 September 2017
Introduces FORM GSTR-9C under rule 80(3) of the CGST Rules. Prescribes detailed reconciliation of turnover, tax liability and input tax credit between audited financial statements and annual return. Mandates auditor certification of reconciliation statement.Effective Date: 13 September 2018
Introduces FORM GSTR-9C under rule 80(3) of the CGST Rules. Prescribes detailed reconciliation of turnover, tax liability and input tax credit between audited financial statements and annual return. Mandates auditor certification of reconciliation statement.Effective Date: 13 September 2018
This notification appoints 01 October 2018 as the date on which section 52 of the CGST Act (Tax Collected at Source – TCS) comes into force. It enables mandatory TCS compliance by electronic commerce operators, strengthening tax collection in e-commerce transactions.
This notification appoints 01 October 2018 as the date on which section 52 of the CGST Act (Tax Collected at Source – TCS) comes into force. It enables mandatory TCS compliance by electronic commerce operators, strengthening tax collection in e-commerce transactions.
Issued under section 1(3) of the CGST Act, this notification appoints 01 October 2018 as the date on which section 51 (TDS provisions) come into force for authorities, boards, societies and public sector undertakings specified under section 51(1)(a) to (d). It marks the operationalisation of TDS under GST.Amendment:Yes it has been amended through notification 25/2024, 73/2018, 61/2018, 57/2018
Issued under section 1(3) of the CGST Act, this notification appoints 01 October 2018 as the date on which section 51 (TDS provisions) come into force for authorities, boards, societies and public sector undertakings specified under section 51(1)(a) to (d). It marks the operationalisation of TDS under GST.Amendment:Yes it has been amended through notification 25/2024, 73/2018, 61/2018, 57/2018
This notification introduces the CGST (Tenth Amendment) Rules, 2018, inserting FORM GSTR-9C under rule 80(3). The form requires reconciliation of turnover, tax paid and ITC between audited financial statements and Annual Return (GSTR-9), along with auditor certification. It operationalises GST audit and reconciliation compliance.Amendment:This notification amends notification No. 3/2017
This notification introduces the CGST (Tenth Amendment) Rules, 2018, inserting FORM GSTR-9C under rule 80(3). The form requires reconciliation of turnover, tax paid and ITC between audited financial statements and Annual Return (GSTR-9), along with auditor certification. It operationalises GST audit and reconciliation compliance.Amendment:This notification amends notification No. 3/2017
Inserts rule 117(1A) to allow extension of time for filing FORM GST TRAN-1 up to 31 March 2019 for technical difficulties. Extends time for filing FORM GST TRAN-2 up to 30 April 2019. Amends rule 142 to include section 125 for penalty proceedings.Effective Date: 10 September 2018
Inserts rule 117(1A) to allow extension of time for filing FORM GST TRAN-1 up to 31 March 2019 for technical difficulties. Extends time for filing FORM GST TRAN-2 up to 30 April 2019. Amends rule 142 to include section 125 for penalty proceedings.Effective Date: 10 September 2018
