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<h1>India Amends Reverse Charge Mechanism: Exemptions for Goods Transport and Residential Rentals Under CGST Act, Effective July 18, 2022.</h1> The Government of India, through Notification No. 05/2022-Central Tax (Rate), has amended Notification No. 13/2017-Central Tax (Rate) concerning the reverse charge mechanism (RCM) under the CGST Act. The amendments include changes to entries related to the transport of goods and services provided to certain entities. Specifically, a new provision allows suppliers who have registered under the CGST Act and opted to pay tax on goods transport services under forward charge to be exempt from RCM. Additionally, a new entry is introduced for renting residential dwellings to registered persons. These changes are effective from July 18, 2022.