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<h1>Govt Rescinds Manufacturing Sector Tax Notification No. 30/2023; New Rules Effective Jan 2024 Under CGST Act Section 148.</h1> The Central Government, under the authority of section 148 of the Central Goods and Services Tax Act, 2017, has rescinded Notification No. 30/2023-CT, dated 31st July 2023. This decision, made on the recommendation of the Council, affects registered persons involved in the manufacturing sector. The rescission does not impact actions taken or omitted prior to this change. The new notification, No. 03/2024-Central Tax, issued by the Ministry of Finance's Department of Revenue, takes effect from 1st January 2024.