Latest GST Notifications Issued by CBIC!

CBIC has issued 5 new notifications related to GST dated 30th December 2019, 31st December 2019 and 1st January 2020. Details of all notifications issued have been mentioned below.

Notification No’s.	Notification Summary
Notification No. 01/2020	Notification No. 01/2020-Central Tax, Dated: 01st January 2020 has been issued for notifying 01st January, 2020 as a date from which Provisions of Sections 92 to 112 (except Section 92, 97, 100, and sections 103 to 110 of the Finance (No. 2) Act, 2019 (23 of 2019) will be applicable except section 92, section 97, section 100 and sections 103 to 110 of the Finance (No. 2) Act, 2019 (23 of 2019), shall come into force. Read more about Notification No. 01/2020
Notification No. 02/2020	Notification No. 02/2020-Central Tax, Dated: 01st January 2020 has been issued for making amendments in CGST Rules, According to the said notification due date for submitting the declaration electronically in FORM GST TRAN-1 has been extended up to 31st March, 2020 in respect of registered persons who could not submit the said declaration by the due date on account of technical difficulties on the common portal and in respect of whom council has made a recommendation for such extension. Read more about Notification No. 02/2020
Notification No. 27/2019	Notification No. 27/2019-Central Tax (Rate), Dated: 30th December, 2019 has been issued for making amendments in Notification No. 1/2017 – Central Tax (Rate) for notifying changes made in Schedule II (6%, entries related to 80AA & 171A) and Schedule III (9%, new entries 163B & 163C inserted). This Notification will be effective from 01st January, 2020. Read more about Notification No. 27/2019
Notification No. 28/2019	Notification No. 28/2019-Central Tax (Rate), Dated: 31st December, 2019 has been issued for making amendments in the Notification No. 12/2017 – Central Tax (Rate) regarding exemption on supply of services for S.No. 41 Heading 9972 (one time upfront amount in respect of services by way of granting long term lease of industrial plots) Read more about Notification No. 28/2019
Notification No. 29/2019	Notification No. 29/2019- Central Tax (Rate), Dated: 31st December, 2019 has been issued for making amendments in the Notification No. 13/2017- Central Tax (Rate) regarding Reverse charge applicability u/s 9(3) on renting of motor vehicle provided to a body corporate. Read more about Notification No. 29/2019