Stay updated with the latest CGST, IGST, and rate notifications from CBIC. Track amnesty schemes, compliance deadlines, rate changes, and new rules from recent Council meetings.
Amendment to Notification No. 1/2017 (rate schedule). Effective from January 1, 2025: (1) Used motor vehicles (>1200cc or >4m) GST increased from 12% to 18% on margin value, (2) ACC blocks with >50% fly ash reduced from 18% to 12%, (3) EV lithium-ion battery packs reduced from 18% to 5% for EV use.
Update invoicing software with new rates for used vehicles, ACC blocks, and EV batteries.
Extension of time limit for filing GSTR-9 (Annual Return) for FY 2023-24. New due date: March 31, 2025 (extended from December 31, 2024). Applies to all regular taxpayers. Late fee capped at ₹20,000 for turnover up to ₹5 crore.
Extended deadline for annual return filing. Prepare GSTR-9 before March 31, 2025.
Amendment to Rule 36(4) — ITC restriction. Effective from January 1, 2025: ITC claim restricted to 100% of invoices appearing in GSTR-2B (down from earlier 105% and 110%). Zero tolerance for ITC on invoices not reflected by supplier.
Ensure all suppliers upload invoices timely. Monitor GSTR-2B before claiming ITC.
Waiver of interest and penalty for demand notices issued under Section 73 for FY 2017-18, 2018-19, and 2019-20. Condition: taxpayer must pay the full tax amount by March 31, 2025. No appeal required — just pay the tax demand. Available for all demand notices issued under Section 73 (non-fraud cases).
Review all pending demand notices for FY 2017-2020. Pay tax to avail waiver of interest and penalty.
Biometric Aadhaar authentication made mandatory in phased manner. Phase 1: all new registrations in identified high-risk states. Phase 2: to be extended nationwide. Applicant must visit GST Suvidha Kendra for biometric verification. Processing time: within 7 working days after verification.
New GST registrations may take longer in Phase 1 states. Visit designated centres for biometric verification.
Reduction in TCS rate for e-commerce operators from 1% (0.5% CGST + 0.5% SGST) to 0.5% (0.25% CGST + 0.25% SGST). Effective from October 10, 2024. Applies to all e-commerce operators collecting tax at source under Section 52.
E-commerce operators: update TCS rate in systems. Sellers: reduced TCS deduction improves cash flow.
Cancer drugs: Trastuzumab Deruxtecan, Osimertinib, Durvalumab reduced from 12% to 5%. Metal scrap (B2B): shifted to Reverse Charge Mechanism (RCM) when supplied by unregistered person to registered person. Extruded savoury products: reduced from 18% to 12%.
Pharmaceutical distributors: update cancer drug rates. Scrap dealers: implement RCM for metal scrap purchases.
GSTR-1 amendments: mandatory reporting of HSN codes at 6-digit level for taxpayers with turnover > ₹5 crore (from 4-digit earlier). New Table 14 in GSTR-1 for reporting of amendments to previously filed supplies. Auto-populated GSTR-3B from GSTR-1 data.
Update invoicing to 6-digit HSN codes. Ensure accurate GSTR-1 filing as it auto-populates GSTR-3B.
Central GST notifications issued by CBIC (Central Board of Indirect & Customs). Cover rules, compliance deadlines, registration, returns, audit, and administrative matters.
Rate-specific notifications amending Schedule I-IV and exemption lists. Cover GST rate changes for goods and services.
Integrated GST notifications for inter-state supply, imports, exports, place of supply rules, and IGST rate changes.
State-specific GST notifications mirroring CGST notifications. Each state issues its own SGST notifications with identical substance but state-specific numbers.
Interpretive guidance on GST law. Not legally binding but highly persuasive. Cover FAQs, trade clarifications, sectoral guidance, and procedural instructions.
Orders extending deadlines, waiving late fees, granting amnesty. Time-bound orders for specific compliance relief.
Official source: cbic.gov.in → GST → Notifications. All CGST, IGST, and rate notifications published here first. Check the 'Latest' section regularly.
gst.gov.in → Services → User Services → Search GST Notifications/Circulars/Orders. Filter by date, type, and keyword. Download PDF copies.
Legal gazette publication (egazette.gov.in). All notifications are legally effective only from the date of Gazette publication. Sometimes there's a gap between announcement and Gazette publication.
Laabam.One tracks all CBIC notifications and auto-applies rate changes, compliance deadline updates, and new rules to your account. No manual tracking needed.
GST notifications are issued on an as-needed basis — there is no fixed schedule. Typically: (1) After every GST Council meeting: 5-15 notifications implementing Council decisions (within 1-2 weeks), (2) Monthly: 1-3 procedural/administrative notifications, (3) Quarterly: return filing deadline notifications, (4) Budget time (Feb-Mar): major rate and rule changes. In 2024, approximately 30+ CGST notifications and 20+ rate notifications were issued. Total across CGST, IGST, SGST, circulars, and orders: ~100+ documents per year.
Notification: has force of law. Issued under specific sections of CGST/IGST Act. Creates legal obligations or rights. Examples: rate changes, new rules, deadline extensions. Published in Gazette of India. Legally binding on all taxpayers. Circular: interpretive guidance. Issued by CBIC to clarify existing law. Does not create new law — only interprets existing provisions. Not strictly binding but followed by tax officers as administrative instruction. Can be challenged in court if it goes beyond the Act/Rules.
Step 1: Identify your HSN/SAC codes (Harmonized System Nomenclature for goods, Services Accounting Code for services). Step 2: Check CBIC website and filter by type: CT-Rate for goods rate changes, CT for compliance/procedural, Circulars for clarifications. Step 3: Subscribe to GSTN email alerts (available on gst.gov.in). Step 4: Use Laabam.One which auto-applies relevant notifications based on your product/service HSN codes.
Notification No. 22/2024 – CT provides a one-time amnesty for demand notices issued under Section 73 (non-fraud cases) for FY 2017-18, 2018-19, and 2019-20. If you received a demand notice for these years, you can: pay ONLY the tax amount (no interest, no penalty) by March 31, 2025. The interest and penalty are waived automatically. Conditions: (1) applicable only to Section 73 cases (not Section 74 — fraud/suppression), (2) full tax must be paid before deadline, (3) no appeal pending (or withdraw appeal). This is a significant relief — many businesses had large interest and penalty amounts.
Substantively, no — SGST notifications mirror CGST notifications in content. The GST Council recommends, and both Centre (CGST) and each State (SGST) issue identical notifications. However: numbering is different (each state has its own sequence), dates may differ slightly (states sometimes issue a few days later), and procedural matters may have state-specific variations (e.g., registration jurisdiction, audit assignment). For practical purposes: follow CGST notifications for substance, and check your state's SGST notifications for state-specific procedures.
Laabam.One auto-tracks CBIC notifications and applies rate changes, deadline updates, and compliance rules to your account.
Start Free Trial