Simplified Explanation of Notification G.S.R. 655(E) – Tribunal (Conditions of Service) Second Amendment Rules, 2023 Heading: New Rules on Retirement and Benefits for Tribunal Members Purpose of the Notification: Notification G.S.R. 655(E) amends the Tribunal (Conditions of Service) Rules, 2021 by introducing a new rule regarding the retirement or resignation …
Simplified Explanation of Notification No. 45/2023–Central Tax – Insertion of Rules 31B and 31C Heading: New Rules for Valuation of Supply in Online Gaming and Casinos Purpose of the Notification: Notification No. 45/2023–Central Tax introduces amendments to the Central Goods and Services Tax Rules, 2017 by inserting Rules 31B and …
Simplified Explanation of Notification S.O. 4073(E) – Constitution of State Benches of Goods and Services Tax Appellate Tribunal Heading: Formation of State Benches for GST Appellate Tribunal Purpose of the Notification: The notification dated September 14, 2023, establishes the locations and number of State Benches of the Goods and Services …
Simplified Explanation of the Corrigendum to the Central Goods and Services Tax (Amendment) Act, 2023 Heading: Correction in the Central Goods and Services Tax (Amendment) Act, 2023 Purpose of the Corrigendum: This corrigendum is issued to correct a typographical error in the Central Goods and Services Tax (Amendment) Act, 2023, …
Simplified Explanation of Notification No. 46/2023–Central Tax Heading: Appointment of Adjudicating Authorities for GST Notices Purpose of the Notification: This notification appoints specific officers to adjudicate GST-related notices. It outlines which officers are responsible for handling adjudication matters related to specific notices issued to certain entities. Key Details: Notification Reference: …
Simplified Explanation of Notification No. 47/2023–Central Tax Heading: Amendment to Special Procedure for Manufacturing Notified Goods Purpose of the Notification: This notification updates the special procedure for certain manufacturing processes under the Central Goods and Services Tax (CGST) Act, 2017. Key Details: Notification Reference: No. 47/2023–Central Tax Date Issued: September …
Simplified Explanation of Notification No. 11/2023–Central Tax (Rate) Heading: Amendments to CGST Rate Schedule for Goods Purpose of the Notification: This notification makes amendments to the Central Goods and Services Tax (CGST) rate schedule concerning the taxation of specified actionable claims. Key Details: Notification Reference: No. 11/2023–Central Tax (Rate) Date …
Simplified Explanation of Notification No. 11/2023–Central Tax (Rate) Heading: Amendments to CGST Rate Schedule for Goods Purpose of the Notification: This notification makes amendments to the Central Goods and Services Tax (CGST) rate schedule concerning the taxation of specified actionable claims. Key Details: Notification Reference: No. 11/2023–Central Tax (Rate) Date …
Simplified Explanation of Notification No. 50/2023–Central Tax Heading: Update on Time of Supply for Goods Not Under Composition Scheme Purpose of the Notification: The notification updates the rules regarding the time of supply for certain goods under the Central Goods and Services Tax (CGST) Act, specifically for registered persons not …
Simplified Explanation of Notification No. 51/2023 – Central Tax (Third Amendment) Rules, 2023 Heading: Key Amendments to GST Rules Affecting Online Gaming and Information Services Purpose of the Notification: The notification introduces amendments to the Central Goods and Services Tax (CGST) Rules, 2017, focusing on registration requirements, tax rules for …