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of <h1>India Extends Deadline for Promoters to Opt for Old GST Rates with ITC from 10th to 20th.</h1> The Government of India has amended Notification No. 8/2017-Integrated Tax (Rate) to extend the deadline for promoters to opt for paying tax at the old rates of 12% or 8% with Input Tax Credit (ITC). The amendment changes the date from the 10th to the 20th in both the table and Annexure IV of the original notification. This change is made under the powers conferred by various sections of the Integrated Goods and Services Tax Act, 2017, and the Central Goods and Services Tax Act, 2017, based on the recommendations of the Council.
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