Get Free Trial
mobile header logo
GST Notifications dated 19.10.2023 | LogiTax
blog header symbol

GST Notifications dated 19.10.2023

19-10-2023

GST
Mrudula Joshi

On October 19, 2023, the Central Board of Indirect Taxes and Customs (CBIC) issued nine notifications related to Central Goods and Services Tax (CGST) rates. These notifications introduce several changes that affect businesses and taxpayers. Know about the Changes in GST effective from 1st October 2023. Here's a simplified summary of these amendments:

  1. Notification No. 12/2023 - Central Tax (Rate)

    For Rent-a-Cab services, taxpayers can now choose to charge either 5% GST without Input Tax Credit (ITC) or 12% with ITC. It's important to note that in cases where a person opts for 5% GST but avails services from another person in the same business line as a subcontractor who charges 12% GST, ITC has been limited to 5% only.

    Now, in such cases, ITC has been limited to 5% only. The following illustration is given in the notification:

    Example- Imagine 'A' hires 'B' for a cab ride from New Delhi to Jaipur for Rs. 1000. Now, 'B' needs a cab with a driver, so 'B' rents one from 'C' for Rs. 800. 'C' charges 'B' a central tax of 6%, which amounts to Rs. 48.

    If 'B' decides to charge 'A' a central tax of 2.5%, he can only claim an input tax credit on the service he got from 'C' to the extent of Rs. 20 (which is 2.5% of the Rs. 800), not the full Rs. 48.

    GST Notifications dated 19.10.2023
  2. Notification No. 13/2023 - Central Tax (Rate)

    This notification exempts certain services provided to "Government Authorities" from GST. The exempted services include water supply, public health, sanitation conservancy, solid waste management, and slum improvement and upgradation. Services provided by Indian Railways are now taxable, whereas certain services were previously exempt.

  3. Notification No. 14/2023 - Central Tax (Rate)

    All services provided by Indian Railways are made chargeable under forward charge.

  4. Notification No. 15/2023 - Central Tax (Rate)

    This notification clarifies that refunds under the inverted duty structure can be denied only in the case of the construction of a complex, building, or a part thereof. Refunds cannot be denied for other works contracts such as infrastructure projects and other constructions.

  5. Notification No. 16/2023 - Central Tax (Rate)

    From January 1, 2022, the liability to pay GST on bus transportation services supplied through Electronic Commerce Operators (ECOs) has been placed on the ECOs under section 9(5) of CGST Act, 2017. The purpose of this provision was to relieve small-size bus operators from the compliance burden. However, bus operators organized as companies are excluded from this provision and should collect GST on their own. This would enable them to pay GST on their supplies using their ITC.

  6. Notification No. 17/2023 - Central Tax (Rate)

    This notification prescribes the GST rate on "Food preparation of millet flour in powder form, containing at least 70% millets by weight" as 5% if sold in pre-packaged and labeled form. It also reduces the GST rate on molasses from 28% to 5% and specifies a GST rate of 18% on spirits for industrial use.

  7. Notification No. 18/2023 - Central Tax (Rate)

    The GST rate on "Food preparation of millet flour in powder form, containing at least 70% millets by weight" is set at 0% if sold in other than pre-packaged and labeled form.

  8. Notification No. 19/2023 - Central Tax (Rate)

    This notification specifies that the supply of "Used vehicles, seized and confiscated goods, old and used goods, waste, and scrap" by railways shall be under the forward charge mechanism.

  9. Notification No. 20/2023 - Central Tax (Rate)

    No refund of the unutilized input tax credit shall be allowed when the credit has accumulated due to the tax rate on inputs being higher than the tax rate on the output supplies of such goods (other than nil-rated or fully exempt supplies). This rule applies specifically to "Imitation zari thread or yarn made out of Metallised polyester film/plastic film.

Conclusion

For further insights and detailed information on Council meetings, refer to Key Highlights of the 52nd GST Council meeting.

In conclusion, staying informed about these GST rate notifications is crucial for businesses. Adhering to these amendments is essential to maintain compliance with the evolving GST landscape. Advanced GST compliance solutions like LogiTax can assist in navigating these changes effectively. LogiTax streamlines the process, simplifies returns and reconciliation, and ensures compliance with GST regulations, making it a valuable resource for businesses.

Search by blog related Keyword

Latest gst updates 2023

alt=

Latest gst notification 2023

Latest gst notifications and circulars

Gst latest notifications

Gst notification 2023

Gst notification 10/2023

Gst rate change notification

Gst rate change notification latest

All Blogs

18-04-2024

GST

Mrudula Joshi

Job Work under GST- Advance Ruling Compilation

As per section 2(68) of the CGST Act, 2017, "job work" means any treatment or process undertaken by a person on goods Read More

17-04-2024

GST

Mrudula Joshi

Re-filing of GSTR 3Bs is now live!

On 09th April 2024, the GSTN issued an advisory on the Reset and Re-filing of GSTR-3B of some taxpayers. Read More

15-04-2024

GST

Mrudula Joshi

GSTR 1- HSN summary will be auto populated from e-Invoices!

On 09th April 2024, the GSTN issued an advisory on auto-populate the HSN-wise summary from e-Invoices Read More

12-04-2024

GST

Mrudula Joshi

GST on electricity and related services

As per Notification No.12/2017-Central Tax (Rate) dated 28.06.2017, services by way of generation Read More

11-04-2024

E-Invoicing

Mrudula Joshi

GSTN issues advisory on Self Enablement for E-invoicing!

As the 2023-2024 financial year ends, businesses with turnover over INR 5 crores need to remember the new rule Read More

09-04-2024

GST

Mrudula Joshi

AATO Functionality on GST portal!

The GST portal offers the facility to retrieve information about a registered individual using their PAN Read More

05-04-2024

GST

Mrudula Joshi

GST on various services by or to educational institutions

As per Notification No. 12/2017 - Central Tax (Rate), services provided by an educational institution to its students, faculty Read More

04-04-2024

GST

Mrudula Joshi

Search taxpayer option in GST login!

The GST portal offers the facility to retrieve information about a registered individual using their PAN or GSTIN. Read More

02-04-2024

GST

Mrudula Joshi

Negative Liability statement for Composition taxpayers!

In the case of taxpayers who have opted for a composition scheme, they report the tax liability net of Read More

01-04-2024

GST

Mrudula Joshi

Exemption of services provided to Government- AAR Compilation

As per Notification No. 12/2017 - Central Tax (Rate), certain services provided to the Government are exempted under GST. Read More

27-03-2024

E-Way Bill

Mrudula Joshi

Multi-Vehicle option in E-way Bill!

The E-way Bill System, implemented in April 2018, aimed to facilitate the seamless transportation of goods throughout Read More

26-03-2024

GST

Mrudula Joshi

Forward or Reverse Charge on GST Portal for GTA?

On 26th July, 2023, CBIC had issued Notification No. 06/2023- Central Tax (Rate). By way of this notification, Read More

19-03-2024

GST

Mrudula Joshi

GST on canteen charges recovered from employees

Many companies provide food services, like a canteen, for their workers and employees. Read More

17-03-2024

GST

Mrudula Joshi

Table 14A and 15A are introduced in GSTR 1!

GSTN issued an advisory on 12th March 2024 about introduction of New 14A and 15A tables in Form GSTR 1. Read More

15-03-2024

E-Way Bill

Mrudula Joshi

The e-way Bill system is integrated with New IRP Portals!

GSTN issued an advisory on the 08th of March, 2024 announcing the successful integration of the E-way Bill Read More

13-03-2024

GST

Mrudula Joshi

How to communicate e-payment errors to GSTN?

Due to occasional technical errors during GST payments, there are instances where the Read More

11-03-2024

GST

Mrudula Joshi

GSTN Shares Data with RBI for Credit Scheme

On 22nd of February, 2024, CBIC issued Notification No. 06/2024 - Central Tax. Read More

08-03-2024

GST

Mrudula Joshi

GST Registration within 30 Days for Risk-Based Profiles!

As per rule 9(1)(aa) of the CGST Rules, 2017, when a person has applied for Read More

06-03-2024

GST

Mrudula Joshi

Reconciliations on the GST portal

Multiple reconciliation options are accessible on the GST portal, Read More

04-03-2024

GST

Mrudula Joshi

Changes In GST Law Effective From 1 October 2023- Part V

On 31st July, 2023, CBIC issued Notification No. 28/2023-Central Tax. Read More

29-02-2024

GST

Mrudula Joshi

GST E-invoice Master Information portal is live now!

GSTN issued an advisory on the 21st of February, 2024 about the launch Read More

28-02-2024

GST

Mrudula Joshi

How to apply for payment of GST in installments ?

FORM GST DRC-20 is an application form that can be filed by any taxpayer Read More

17-02-2024

GST

Mrudula Joshi

How to pay GST

You have the option to pay GST through online or offline channels. Read More

15-02-2024

GST

Mrudula Joshi

Changes In GST Law Effective From 1 October 2023- Part IV

On 31st July, 2023, CBIC issued Notification no. 28/2023-Central Tax. It was mentioned Read More

13-02-2024

GST

Mrudula Joshi

How to search GST Advance Rulings on portal

Advance ruling means a decision provided by the Authority or the Appellate Authority Read More

09-02-2024

GST

Mrudula Joshi

No interest liability on delayed filing of GSTR-3B

As per section 50(1) of the CGST Act, 2017, every person who is liable to pay tax Read More

08-02-2024

GST

Mrudula Joshi

GST Cancellation procedure

GST registration of the taxpayer can be cancelled voluntarily by the taxpayer Read More

07-02-2024

GST

Mrudula Joshi

Maharashtra Waives SGST on Satyashodhak Movie Tickets

On 11th January, 2024, Government of Maharashtra issued a Government Resolution (GR) Read More

06-02-2024

GST

Mrudula Joshi

Bank Details Mandatory for GSTR-1 Filing

As per Rule 10A of the CGST Rules, 2017, a taxpayer should submit details Read More

05-02-2024

GST

Mrudula Joshi

Changes In GST Law Effective From 1 October 2023- Part III

On 31st July, 2023, CBIC issued Notification no. 28/2023-Central Tax. It was mentioned Read More

03-02-2024

GST

Mrudula Joshi

Now GST can be paid using Credit card, Debit Card and UPI

GSTN issued an advisory on 19th January 2024 that two new payment facilities have Read More

02-02-2024

GST

Mrudula Joshi

Changes In GST Law Effective From 1 October 2023- Part II

On 31st July, 2023, CBIC issued Notification no. 28/2023-Central Tax. The notification Read More

01-02-2024

GST

Mrudula Joshi

GSTR 2A vs GSTR 2B

Presently, two automatically generated statements are accessible Read More

22-01-2024

GST

Mrudula Joshi

Form ITC 03 under GST

As per Section 18(4) of the CGST Act, 2017, if a registered person, who has availed Read More

19-01-2024

GST

Harshita Amin

GSTR 1- New tables inserted for E-Commerce Operators

GSTN periodically makes changes in the return filing process to facilitate smoother compliance. Read More

15-01-2024

GST

Mrudula Joshi

Changes In GST Law Effective From 1 October 2023- Part I

On 31st July, 2023, CBIC issued Notification no. 28/2023-Central Tax. Read More

12-01-2024

GST

Mrudula Joshi

Filing GST form TDS and Credit received

As per section 51 of the CGST Act, 2017, Government undertakings and other notified entities Read More

09-01-2024

GST

Mrudula Joshi

Non-compliance with e-Invoicing can block your E-way Bill generation!

E-Invoice has been operational since October 2020 for taxpayers with Read More

02-01-2024

GST

Mrudula Joshi

Opting for quarterly returns under GST

From 1st January, 2021, small taxpayers are give option of filing their GSTR Read More

01-01-2024

GST

Mrudula Joshi

Functionalities for GTA are LIVE on GST portal from 01st January, 2024!

On 26th July, 2023, CBIC had issued Notification No. 06/2023- Central Tax (Rate). Read More

01-01-2024

GST

Mrudula Joshi

GST Challan correction procedure

While paying the GST, there can be inadvertent mistake Read More

19-12-2023

GST

Mrudula Joshi

LUT for Exports under GST

LUT is Letter of Undertaking to be furnished in form GST RFD 11 under rule 96A Read More

19-12-2023

GST

Mrudula Joshi

GST Rate Amendments applicable from 20-10-2023

On 13th of December, 2023, CBIC issued Instruction No. 05/2023-GST regarding Read More

19-12-2023

GST

Mrudula Joshi

Returns under GST composition scheme

GST Composition Scheme is an easy mechanism for small taxpayers. The taxpayers Read More

18-12-2023

GST

Mrudula Joshi

Procedure for filing GST refund application

GST refund application are to be filled on GST common portal. There are various types Read More

14-12-2023

GST

Mrudula Joshi

No IGST on Ocean Freight in CIF Contracts

CIF stands for Cost, Insurance, and Freight. A CIF Contract is a contract Read More

04-07-2023

GST

Mrudula Joshi

GST on Personal Guarantee and Corporate Guarantee!

The 52nd GST Council Meeting held on October 07, 2023, has recommended various Read More

04-07-2023

GST

Mrudula Joshi

Biometric verification for GST Registration

The Pilot Project of Biometric-Based Aadhaar Authentication and Document Read More

04-07-2023

GST

Mrudula Joshi

Amendment in GST REG-01 , GST REG-08, GSTR 8 and DRC 22

Notification No. 52/2023 - Central Tax dated 26.10.2023 covers various Read More

04-07-2023

GST

Mrudula Joshi

GST Circulars dated 27-10-2023

CBIC has issued 2 circulars on 31st October 2023 w.r.t. following issues Read More

04-07-2023

GST

Mrudula Joshi

GST Notifications dated 19.10.2023

CBIC issued three important GST circulars on October 27, 2023, to provide Read More

04-07-2023

GST

Mrudula Joshi

GST Circulars dated 31-10-2023

On October 19, 2023, the Central Board of Indirect Taxes and Customs (CBIC) Read More

LogiTax uses cookies to enhance your browsing experience. By continuing, you agree to our use of cookies. Learn more about how we use cookies in our Privacy Policy.

Read More