This notification amends Notification No. 13/2017–Central Tax (Rate) to notify services supplied by members of the Overseeing Committee to the Reserve Bank of India as liable to GST under reverse charge mechanism. The tax liability is shifted to the RBI as recipient of services.Issued for earlier notification?Yes — amends Notification No. 13/2017–Central Tax (Rate).
This notification amends Notification No. 13/2017–Central Tax (Rate) to notify services supplied by members of the Overseeing Committee to the Reserve Bank of India as liable to GST under reverse charge mechanism. The tax liability is shifted to the RBI as recipient of services.Issued for earlier notification?Yes — amends Notification No. 13/2017–Central Tax (Rate).
This notification amends Notification No. 1/2017–Central Tax (Rate) by revising GST rates on various goods such as dried fruits, khakhra, namkeens, medicaments, e-waste, biomass briquettes, waste and scrap of plastics, rubber, paper and glass. It also rationalises rate schedules and conditions relating to branded goods.Issued for earlier notification?Yes — amends Notification No. 1/2017–Central Tax (Rate).
This notification amends Notification No. 1/2017–Central Tax (Rate) by revising GST rates on various goods such as dried fruits, khakhra, namkeens, medicaments, e-waste, biomass briquettes, waste and scrap of plastics, rubber, paper and glass. It also rationalises rate schedules and conditions relating to branded goods.Issued for earlier notification?Yes — amends Notification No. 1/2017–Central Tax (Rate).
This notification amends Notification No. 2/2017–Central Tax (Rate) by inserting exemption for duty credit scrips and supplies of goods by Government Entities to Government or local authorities against grants. It also inserts a definition of Government Entity and prescribes affidavit conditions for branded goods exemptions.Issued for earlier notification?Yes — amends Notification No. 2/2017–Central Tax (Rate).
This notification amends Notification No. 2/2017–Central Tax (Rate) by inserting exemption for duty credit scrips and supplies of goods by Government Entities to Government or local authorities against grants. It also inserts a definition of Government Entity and prescribes affidavit conditions for branded goods exemptions.Issued for earlier notification?Yes — amends Notification No. 2/2017–Central Tax (Rate).
This notification amends Notification No. 4/2017–Central Tax (Rate) to notify supply of used vehicles, seized and confiscated goods, old and used goods, waste and scrap by Central or State Government or local authority to a registered person as liable to GST under reverse charge mechanism.Issued for earlier notification?Yes — amends Notification No. 4/2017–Central Tax (Rate).
This notification amends Notification No. 4/2017–Central Tax (Rate) to notify supply of used vehicles, seized and confiscated goods, old and used goods, waste and scrap by Central or State Government or local authority to a registered person as liable to GST under reverse charge mechanism.Issued for earlier notification?Yes — amends Notification No. 4/2017–Central Tax (Rate).
This notification prescribes a concessional GST rate equal to 65% of the applicable central tax rate on leasing of motor vehicles purchased and leased prior to 1 July 2017, subject to specified conditions. The concessional rate is applicable only up to 30 June 2020, providing transitional relief to leasing businesses.Issued for earlier notification?No — this is an independent rate notification.
This notification prescribes a concessional GST rate equal to 65% of the applicable central tax rate on leasing of motor vehicles purchased and leased prior to 1 July 2017, subject to specified conditions. The concessional rate is applicable only up to 30 June 2020, providing transitional relief to leasing businesses.Issued for earlier notification?No — this is an independent rate notification.
This notification amends Notification No. 8/2017–Central Tax (Rate) by omitting the restrictive proviso and extending exemption from payment of GST under reverse charge on supplies received from unregistered persons. The exemption is made applicable to all registered persons up to 31 March 2018, providing temporary relief from RCM compliance.Issued for earlier notification?Yes — amends Notification No. 8/2017–Central Tax (Rate).
This notification amends Notification No. 8/2017–Central Tax (Rate) by omitting the restrictive proviso and extending exemption from payment of GST under reverse charge on supplies received from unregistered persons. The exemption is made applicable to all registered persons up to 31 March 2018, providing temporary relief from RCM compliance.Issued for earlier notification?Yes — amends Notification No. 8/2017–Central Tax (Rate).
This notification allows registered persons to export goods or services without payment of IGST by furnishing a Letter of Undertaking (LUT) instead of a bond. The facility is available to eligible exporters who have not been prosecuted for serious tax offences. It is issued under rule 96A of the CGST Rules.
This notification allows registered persons to export goods or services without payment of IGST by furnishing a Letter of Undertaking (LUT) instead of a bond. The facility is available to eligible exporters who have not been prosecuted for serious tax offences. It is issued under rule 96A of the CGST Rules.
All registered persons making zero-rated supplies are permitted to furnish LUT in place of bond, except persons prosecuted for specified tax offences. LUT is required to be furnished in FORM GST RFD-11 for a financial year. Failure to pay tax with interest within prescribed time results in withdrawal of LUT facility, which is restored upon payment.Effective Date: 4th October, 2017Previous Notification:Notification No. 16/2017 – Central Tax dated 07.07.2017
All registered persons making zero-rated supplies are permitted to furnish LUT in place of bond, except persons prosecuted for specified tax offences. LUT is required to be furnished in FORM GST RFD-11 for a financial year. Failure to pay tax with interest within prescribed time results in withdrawal of LUT facility, which is restored upon payment.Effective Date: 4th October, 2017Previous Notification:Notification No. 16/2017 – Central Tax dated 07.07.2017
This notification notifies CGST rates for goods under various schedules, prescribing rates of 0.125%, 1.5%, 2.5%, 6%, 9% and 14% based on classification under the Customs Tariff. The schedules comprehensively list goods with applicable rates and form the principal rate notification for goods under GST. It gives effect to GST Council recommendations for implementation of GST from 01.07.2017.Issued for earlier notification?No — this is the principal CGST rate notification for goods under section 9(1).
This notification notifies CGST rates for goods under various schedules, prescribing rates of 0.125%, 1.5%, 2.5%, 6%, 9% and 14% based on classification under the Customs Tariff. The schedules comprehensively list goods with applicable rates and form the principal rate notification for goods under GST. It gives effect to GST Council recommendations for implementation of GST from 01.07.2017.Issued for earlier notification?No — this is the principal CGST rate notification for goods under section 9(1).
This notification further amends the CGST Rules, 2017 to rationalise provisions relating to returns, invoice reporting, refund claims and ITC utilisation. The amendments are intended to streamline GST compliance and address operational challenges faced by taxpayers.Amendment:This notification amends notification No. 3/2017
This notification further amends the CGST Rules, 2017 to rationalise provisions relating to returns, invoice reporting, refund claims and ITC utilisation. The amendments are intended to streamline GST compliance and address operational challenges faced by taxpayers.Amendment:This notification amends notification No. 3/2017
