54th GST council meeting - notification no. 20/2024

[Govinda Raju]

Amendment / omission of sub rule 96(10) is retrospective or prospective Implementation.

AI Summary

Amendment of Sub Rule 96(10) in GST Notification 20/2024 is Prospective; Possible Challenge for Past Applications Discussed In a discussion forum about the 54th GST council meeting and notification no. 20/2024, a query was raised regarding whether the amendment or omission of sub rule 96(10) is retrospective or prospective in implementation. Three participants responded, all indicating that the change is prospective. One participant suggested that the provision could be challenged as ultra vires for past applications, while another referenced Circular No. 233/27/2024-GST for further information, clarifying that their views should not be taken as professional advice.