Simplified Explanation of Notification No. 12/2023-Central Tax (Rate) – Amendments to CGST Rate Schedule for Services Heading: Changes in CGST Rate Schedule for Certain Services and Input Tax Credit Rules Purpose of the Notification: This notification updates the Central Goods and Services Tax (CGST) rate schedule and rules for claiming …
Simplified Explanation of Notification No. 13/2023-Central Tax (Rate) – Amendments to Exempt Services Heading: Updates to CGST Exemptions for Services Provided to Governmental Authorities Purpose of the Notification: This notification amends the existing rules regarding the exemption of services from Central Goods and Services Tax (CGST) under Section 11 of …
Simplified Explanation of Notification No. 14/2023-Central Tax (Rate) – Amendments to Reverse Charge on Specified Services Heading: Updates to Reverse Charge Mechanism for Services from Central Government and Indian Railways Purpose of the Notification: This notification amends the rules regarding the reverse charge mechanism under Section 9 of the Central …
Simplified Explanation of Notification No. 15/2023-Central Tax (Rate) – Amendments to Refund of Unutilized Input Tax Credit Heading: Changes to Refund Rules for Input Tax Credit on Certain Construction Services Purpose of the Notification: This notification updates the rules regarding the refund of unutilized input tax credit (ITC) under Section …
Simplified Explanation of Notification No. 16/2023-Central Tax (Rate) – Amendments to Tax Collection on Certain Services Heading: Changes in Tax Collection Responsibilities for Passenger Transportation Services Purpose of the Notification: This notification updates the rules regarding the payment of Central Goods and Services Tax (CGST) on certain transportation services, particularly …
Simplified Explanation of Notification No. 17/2023-Central Tax (Rate) – Amendments to CGST Rate Schedule Heading: Updates to CGST Rate Schedule for Goods Purpose of the Notification: This notification revises the Central Goods and Services Tax (CGST) rates for various goods by updating Notification No. 1/2017-Central Tax (Rate). These changes are …
Simplified Explanation of Notification No. 18/2023-Central Tax (Rate) – Addition to List of Nil Rated Goods Heading: Addition of Millet Flour Food Preparation to List of Nil Rated Goods Purpose of the Notification: This notification updates the list of goods that are exempt from Central Goods and Services Tax (CGST), …
Simplified Explanation of Notification No. 19/2023-Central Tax (Rate) – Reverse Charge on Certain Goods Heading: Changes in Reverse Charge Mechanism for Specified Supplies of Goods Purpose of the Notification: This notification amends the rules for the reverse charge mechanism under the Central Goods and Services Tax (CGST) Act. Specifically, it …
Simplified Explanation of Notification No. 20/2023-Central Tax (Rate) – Refund of Unutilized Input Tax Credit Heading: Changes in Refund Rules for Unutilized Input Tax Credit on Specific Goods Purpose of the Notification: This notification amends the existing rules regarding the refund of unutilized input tax credit (ITC) under the Central …
Simplified Explanation of Notification G.S.R. 793(E) – Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2023 Heading: New Rules for GST Appellate Tribunal Appointment and Service Conditions Purpose of the Notification: This notification introduces new rules governing the appointment, conditions of service, …