E invoicing applicable on the taxpayer having aturnover more then 10 cr

-

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE(DEPARTMENT OF REVENUE)

CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS

 

NOTIFICATION

No. 17/2022–Central Tax

New Delhi, the1stAugust, 2022

G.S.R.....(E).–In exercise of the powers conferred by sub-rule (4) of rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby makes the following further amendmentin the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 13/2020 –Central Tax, dated the 21stMarch, 2020, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i) videnumber G.S.R. 196(E), dated 21stMarch, 2020, namely:-In  the  said  notification,  in  the  first  paragraph,  with  effect  from  the 1stday  of October,2022,  for  the  words “twentycrore rupees”, the words “tencrore rupees” shall be substituted.

[F. No. CBIC-20021/2/2022-GST]

(Rajeev Ranjan)

Under Secretary

Note:  The  principal  notification  No.  13/2020 –Central  Tax,  dated  the  21stMarch,  2020  was  published  in  the Gazette  of  India,  Extraordinary,Part  II, Section  3, Sub-section  (i)vide number  G.S.R.  196(E),  dated the 21stMarch,  2020  and  was  last  amended vide notification  No.  01/2022-Central  Tax,  dated  the 24thFebruary,  2022,published vide number G.S.R. 159(E),dated the 24thFebruary, 2022.

Comments

Post a Comment

Popular posts from this blog

CGST ACT, 2017 (Updated As on 31st Aug 2021)

-
Image
  AS ON 31.08.2021 THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 (12 OF 2017) AS AMENDED BY THE:- ·         THE CENTRAL GOODS AND SERVICES TAX (EXTENSION TO JAMMU AND KASHMIR) ACT, 2017 (NO. 26 OF 2017); ·         THE FINANCE ACT, 2018 (NO. 13 OF 2018); ·         THE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018 (NO. 31 OF 2018); ·         THE FINANCE (NO. 2) ACT, 2019 (NO. 23 OF 2019); ·         THE FINANCE ACT, 2020 (NO. 12 OF 2020); ·         THE TAXATION AND OTHER LAWS (RELAXATION AND AMENDMENT OF CERTAIN PROVISIONS) ACT, 2020; ·         THE FINANCE ACT, 2021 (NO. 13 OF 2021). Note: This updated version of the Central Goods and Services Tax Act, 2017 as amend...
Read more

Rate of GST on Works Contract Services w.e.f. 01 Jan 2022

-
  W.e.f. 01 st Jan 2022 the rate of GST on works contract services for specific contract provided to government authority and government entities will be changed.   Tax Rate On or Before 31.12.2021   1.       For Works Mentioned In Item(iii) And (vi) GST Rate Was 12% For Providing Services To Central Government/State Government/Union Territory/Local Authority/ Governmental Authority/ Govt Entity And 18% For Providing Services To Others.   2.       For Works Mentioned In Item (iv) ,(v) And (viii) GST Rate Was 12% For Providing Services To Any Body.     3.       For Works Mentioned In Item (vii) GST Rate Was 5% For Providing Services To Central Government/State Government/Local Authority/ Governmental Authority/ Govt Entity And 18% For Providing Services To Other.   The same is notified by the government vide notification no 11/2017, 20/2017, 24/2017 and 3...
Read more

Advisory on Bank Account Validation

-
Advisory on Bank Account Validation 24/04/2023 GSTN is pleased to inform you that the functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct. The bank account validation status can be seen under the Dashboard→My Profile→Bank Account Status tab in the FO portal. Tax Payers will also receive the bank account status detail on registered email and mobile number immediately after the validation is performed for his declared bank account. For seeking detail, please click on below mentioned URL :- https://tutorial.gst.gov.in/downloads/news/advisory_on_bank_account_validation_17april2023.pdf Thank You, Team GSTN VIEW ALL
Read more