Simplified Explanation of Notification No. 29/2023-Central Tax Purpose: Notification No. 29/2023 outlines a special procedure for filing appeals against orders issued by the proper officer under Sections 73 or 74 of the Central Goods and Services Tax Act, 2017. This notification sets the guidelines on how to handle appeals to …
Simplified Explanation of Notification No. 30/2023-Central Tax Purpose: Notification No. 30/2023 introduces a special procedure for registered manufacturers of certain specified goods. The notification outlines the requirements for reporting and maintaining records related to manufacturing processes, particularly focusing on packing machines. Key Points: Scope and Applicability: The special procedure applies …
Simplified Explanation of Notification No. 31/2023-Central Tax Purpose: This notification updates the list of states and Union Territories where a specific rule related to GST registration does not apply. Key Points: Background: Notification No. 27/2022-Central Tax, dated December 26, 2022, originally specified certain states or Union Territories where Sub-rule (4B) …
Simplified Explanation of Notification No. 33/2023-Central Tax Purpose: This notification specifies the “Account Aggregator” as a system with which information provided by taxpayers can be shared on the common GST portal, but only with the taxpayer’s consent. Key Points: Consent-Based Information Sharing: The notification allows for the sharing of taxpayer …
Simplified Explanation of Notification No. 34/2023-Central Tax Purpose: This notification outlines the conditions under which persons supplying goods through an electronic commerce operator are exempt from obtaining GST registration, provided they meet specific criteria. Key Points: Exemption from Registration: Persons who supply goods through an electronic commerce operator and have …
Simplified Explanation of Notification No. 35/2023-Central Tax Purpose: This notification designates specific officers to adjudicate (i.e., resolve or decide upon) GST-related notices issued to certain companies. It outlines which authorities will handle specific cases involving the company BSH Household Appliances Manufacturing Pvt. Ltd. Key Points: Designation of Adjudicating Authorities: The …
Simplified Explanation of Notification No. 36/2023-Central Tax Purpose: This notification specifies the special procedures for electronic commerce operators (ECOs) regarding the collection of tax at source (TCS) for supplies made by composite suppliers. Key Points: Restriction on Inter-State Supply: No Inter-State Transactions: The ECO is not allowed to facilitate any …
Simplified Explanation of Notification No. 37/2023-Central Tax Purpose: This notification outlines the special procedure for electronic commerce operators (ECOs) regarding the collection of tax at source (TCS) for supplies made by persons exempted from obtaining GST registration. Key Points: Enrolment Requirement: For Supply through ECO: An electronic commerce operator (ECO) …
Simplified Explanation of Notification No. 39/2023-Central Tax Heading: Update on Territorial Jurisdiction of GST Officers Purpose of the Notification: Notification No. 39/2023-Central Tax amends the previous notification regarding the jurisdiction of Goods and Services Tax (GST) officers in Andhra Pradesh. This update provides new details about the territorial boundaries for …
Simplified Explanation of Notification No. 40/2023-Central Tax Heading: Appointment of Adjudicating Authority for Specific GST Notices Purpose of the Notification: Notification No. 40/2023-Central Tax details the appointment of an officer to adjudicate a specific GST notice issued to a company. This process involves assigning the responsibility for handling and resolving …