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GST Review August-2024

GST Updates

Deepali Mehta
Notification No. 16/2024- CT dated 06.08.2024: Seeks to notify section 11 to 13 of Finance Act (No.1) 2024: The 1st day of October, 2024, as the date on which the provisions of sections 13 of the said Act shall come into force; - Section 13 of Finance Act relates to The 1st day of April, 2025, as the date on which the provisions of sections 11 and 12 of the said Act shall come into force. The notification does not seem to be clear whether the sections mentioned are of Income Tax Act or GST Act? Circulars: Amendment in circular no. 1/1//2017 in respect of Proper officer for provisions relating to Registration and Composition levy under the Central Goods and Services Tax Act, 2017 or the rules made thereunder – Circular No 223/27/2024 dated 10.07.2024.......