Gist of GST Notification Effective from 01 October 2019
| Notification No. | Gist of Amendments |
| Notification No. 14/2019 | Notification No. 14/2019 Central Tax (Rate), dated: 30th September 2019, has been issued for specify effective rates for CGST under Schedule I – (2.5%), Schedule II – (6%) Schedule III – (9%) Schedule IV (14%) Schedule V – (1.5%) Schedule VI – (0.125%) for specified items through amending notification no. 1/2017 Central Tax (Rate), dated: 28.06.2017. Read more about Notification No. 14/2019 |
| Notification No. 15/2019 | Notification No. 15/2019 Central Tax (Rate), dated : 30th September, 2019 has been issued for granting exemption to Tamarind dried and Plates and cups made up of all kinds of leaves/flowers/bark through amending notification no. 2/2017 Central Tax (Rate), dated : 28.06.2017. Read more about Notification No. 15/2019 |
| Notification No. 16/2019 | Notification No. 16/2019 Central Tax (Rate), dated: 30th September 2019 has been issued for extending concessional CGST rate benefit for supplies to Exploration and Production for Petroleum operations or coal bed methane operations undertaken under specified contracts under the Hydrocarbon Exploration Licensing Policy (HELP) or Open Acreage Licensing Policy (OALP) through amending notification no. 3/2017 Central Tax (Rate) dated: 28.06.2017. Read more about Notification No. 16/2019 |
| Notification No. 17/2019 | Notification No. 17/2019 Central Tax (Rate), dated : 30th September, 2019 has been issued for exempting Gold, Silver and Platinum from GST when supplied by Nominated Agency under the scheme for “Export Against supply by nominated agency” as referred in Para 4.41 of Foreign Trade Policy to a registered person through amending notification no. 26/2018, dated: 31.12.2018 Read more about Notification No. 17/2019 |
| Notification No. 18/2019 | Notification No. 18/2019 Central Tax (Rate), dated: 30th September 2019 has been issued for excluding manufacturer of aerated water from the eligibility of option to avail composition scheme through amending notification no 2/2019, dated: 07.03.2019, now those manufacturers can’t apply for composition scheme. Read more about Notification No. 18/2019 |
| Notification No. 19/2019 | Notification No. 19/2019 Central Tax (Rate), dated: 30th September, 2019 has been issued to exempt supply of goods made to the Food and Agricultural Organization of the United Nations (FAO) for execution of project – Strengthening Capacities for Nutrition-sensitive Agriculture and Food systems & Green Ag. Transforming Indian Agriculture for Global Environment benefits and the conservation of Critical Biodiversity and Forest landscape subject to fulfilling some conditions. Read more about Notification No. 19/2019 |
| Notification No. 20/2019 | Notification No. 20/2019 Central Tax (Rate), dated: 30th September 2019 has been issued for notifying GST rates on some services as recommended by GST council in its 37th meeting held on 20.09.2019 regarding hotel, restaurant, catering and others through amending notification no 11/2017, dated: 28.06.2017 Read more about Notification No. 20/2019 |
| Notification No. 21/2019 | Notification No. 21/2019 Central Tax (Rate), dated : 30th September, 2019 has been issued for exempting certain services from GST under CGST Act falling under chapter 99, Heading 9967, 9971, 9991 (Warehousing services, Life Insurance, Admission to an event and others) through amending notification no 12/2017, dated : 28.06.2017 Read more about Notification No. 21/2019 |
| Notification No. 22/2019 | Notification No. 22/2019, Central Tax (Rate), dated : 30th September 2019 has been issued for notifying certain services under Reverse Charge Mechanism (RCM) as recommended in 37th GST council meeting regarding artist services, permitting the use of copyright services, renting of motor vehicle, lending of securities under securities lending scheme 1997 through amending notification no. 13/2017, dated: 28.06.2017 Read more about Notification No. 22/2019 |
| Notification No. 23/2019 | Notification No. 23/2019, Central Tax (Rate), dated : 30th September, 2019 has been issued for adding an explanation on the applicability of provisions related to supply of development rights through amending notification no. 04/2018, dated: 25.01.2018, according to earlier notification liability to pay tax arise on consideration received against construction services at the time when developer/ builder/construction company transfer the possession or right in the complex to the person who is supplying development rights by entering into a deed, now explanation has been inserted according to that if development right is transferred after 01.04.2019 then notification shall not be applicable. Read more about Notification No. 23/2019 |
| Notification No. 24/2019 | Notification No. 24/2019, Central Tax (Rate), dated: 30th September 2019 has been issued for amending earlier notification no. 7/2019, dated: 29th March 2019 (Notification regarding notify certain services to be taxed under Reverse charge mechanism for real estate sector) regarding amending entry related to cement. Earlier entry was – Cement falling in chapter heading 2523 in the first schedule of Customs Tariff act, 1975 (51 of 1975) with constitute the shortfall from the minimum value of goods or services or both required to be purchased by a promoter for construction of project, in a financial year (or part of the financial year till the date of issuance of completion certificate of first occupation, whichever is earlier) as prescribed in notification no. 11/2017- Central tax (rate), dated 28.06.2017 at items (i), (ia), (ib), (ic), (id) against serial number 3 in the table, published in Gazette of India vide G.S.R. No. 690, dated 28th June 2017 as amended. New entry which is substituted is – Cement falling in the chapter heading 2523 in the first schedule to the Customs Tariff Act, 1975 (51 of 1975). Read more about Notification No. 24/2019 |
| Notification No. 25/2019 | Notification No. 25/2019, Central Tax (Rate), dated : 30th September, 2019 has been issued, according to that as per Sec. 7(2) of CGST Act, 2017 supply of Services by way of grant of alcoholic liquor license, against consideration in the form of license fee or application fee or by whatever name it is called by the state government in which they are engaged as public authorities will neither be considered as supply of goods nor supply of services. Read more about Notification No. 25/2019 |
