IGST amendment clarifies that forward charge continues where supplies have not reverted to the reverse charge mechanism.
The notification amends Annexure III of Notification No. 10/2017 by substituting the words "during the Financial Year ____ under forward charge" with "from the Financial Year ____ under forward charge and have not reverted to reverse charge mechanism", clarifying that forward charge continues to apply to supplies that have not reverted to reverse charge; the amendment is effected by Notification No. 08/2023 and comes into force from 27th July, 2023.

Satellite launch services designated in state GST rate notification, replacing prior entry and taking effect under amended provisions.
The notification amends Arunachal Pradesh State Tax (Rate) Notification No.12/2017 by substituting the entry at serial number 19C with "Satellite launch services", under powers conferred by the Arunachal Pradesh GST Act and on the Council's recommendation; the amendment takes effect from 27th July, 2023.

Tax classification update: Satellite launch services specified in State Tax (Rate) notification, changing taxable service categorisation.
The State Tax (Rate) notification is amended by substituting the entry at serial number 19C, column (3) with "Satellite launch services," altering the classification of that service under the Bihar Goods and Services Tax Act, 2017; the amendment is made under the State's statutory powers and takes effect from 27th July, 2023.

Satellite launch services added to UTGST rate table by notification; effective from 27 July 2023.
The notification amends the Union Territory GST rate notification by substituting the entry against serial number 19C in the rate table with the description "Satellite launch services", thereby capturing supplies of satellite launch services under that table entry. The amendment is made on GST Council recommendation and takes effect from 27th July, 2023.

Satellite launch services specified in IGST rate notification, amending the rate schedule to list the service.
Amendment to the IGST rate notification substitutes the column (3) entry for serial number 20C with "Satellite launch services," pursuant to powers under the IGST Act and related CGST provisions and on the Council's recommendation; the change is made by Notification No. 07/2023-Integrated Tax (Rate) and takes effect from the date specified in that notification.

Exempt supply of satellite launch services now covered under central GST rate notification, altering tax treatment under CGST law.
Amendment to Notification No. 12/2017 substitutes the entry at serial 19C to read "Satellite launch services," thereby treating satellite launch services as an exempt supply under the Central Goods and Services Tax rate schedule. The amendment follows the GST Council recommendation and is made under sections 9(3), 9(4), 11(1), 15(5) and 148 of the CGST Act, effective from 27th July, 2023.

Option for Goods Transport Agency to revert to reverse charge mechanism requires filing Annexure VI between 1st January and 31st March.
The notification amends State GST rate provisions to require a Goods Transport Agency to file Annexure VI to exercise the option to revert to reverse charge for a financial year within a prescribed window in the preceding year; an option to pay under forward charge is deemed to continue for future years unless Annexure VI is filed to revert. Annexure VI prescribes required identification and declaration, locks the option for one year, and the amendment is effective from 27th July, 2023.

Reverse charge option for Goods Transport Agency: timing window narrowed and deemed continued unless declaration filed.
The amendment requires GTAs to exercise any option to revert to reverse charge for a financial year on or after 1st January of the preceding financial year but not later than 31st March of that preceding year, and provides that a GTA's prior election to pay GST will be deemed continued for subsequent years unless the GTA files Annexure VI within that window to revert. Annexure VI is prescribed as the declaration form to be submitted to the jurisdictional GST authority before the financial year, and the option, once exercised, cannot be changed for one year and remains valid until year-end.

GTA option to revert to reverse charge must be filed within the preceding financial year window; option deemed continuing thereafter.
The notification amends the CGST rate schedule to require GTAs to file a prescribed declaration (Annexure VI) within the preceding financial year's designated window to revert to the reverse charge mechanism; an option by a GTA to pay under forward charge is deemed to continue for subsequent years unless Annexure VI is filed within that window. The form and related provisions specify that an exercised option cannot be changed for one year and update explanatory entries and Annexure V accordingly.

Reverse charge option for Goods Transport Agency: filing window and deemed continuation rules now mandated under amended IGST notification.
The notification amends IGST Rate rules governing a Goods Transport Agency's election between forward-charge and reverse-charge treatment by narrowing the filing window to on or after the first day of the preceding financial year but not later than the end of March of that preceding year, deems an option to self-pay GST to continue in subsequent years unless a declaration to revert under reverse charge is filed within that window, revises Annexure V language, omits a specified explanatory sub-clause, and inserts Annexure VI as the prescribed form for declaring reversion to reverse charge.

Goods Transport Agency option to revert to reverse charge mechanism now exercisable within prescribed preceding financial year window.
The notification amends the UTGST Rate framework for Goods Transport Agencies: the option to revert to reverse charge for any financial year must be exercised within a prescribed window in the preceding financial year; an exercised option is locked for one year and remains effective for that financial year; an election to pay under forward charge is deemed to continue for future years unless Annexure VI is filed within the prescribed window to revert to reverse charge. Annexure VI is inserted as the required declaration form and Annexure V wording is updated accordingly.

Compensation cess rates updated for tobacco and pan-masala; new branded/non branded and declared retail price distinctions applied.
The notification amends the compensation cess schedule under the Compensation to States Act, 2017 by revising entries and inserting new sub-entries that distinguish goods by brand name and by whether they have a "declared retail sale price," prescribes specific ad valorem percentage rates and unit-based cess for numerous tobacco and pan-masala commodity codes, substitutes a detailed description for certain utility vehicles, and inserts an Explanation defining "declared retail sale price" as the retail price required to be declared under the Legal Metrology Act; effective 27th July, 2023.

Registration exemption for limited purpose clearing corporation participants allows proprietary tri party repo corporate bond trades without separate stock broker registration.
Regulation 10A is amended to substitute a punctuation mark and to provide that no separate stock broker registration is required for any person registered with the limited purpose clearing corporation as a participant for participating in the tri party repo segment for undertaking proprietary trades in corporate bonds. The Explanation is renumbered and a new Explanation 2 defines "participant" as an eligible entity under the Repurchase Transactions (Repo) Directions, 2018.

Participant inclusion expands clearing obligations to participants alongside clearing members, altering regulatory scope upon publication.
Amendments expressly insert the word "participants" into regulation 22D and regulation 37 so that references to clearing members and to failures or events of failing to honour now read to include participants, thereby extending the operative failure, honouring and related regulatory frameworks to participants as well as clearing members; the regulations take effect on publication in the Official Gazette.

Option to pay GST by Goods Transport Agencies: deadline set and special declaration window for new registrants established.
For the financial year 2023-2024 the option to pay GST must be exercised by 31st May, 2023. A Goods Transport Agency that commences new business or crosses the registration threshold during a financial year may opt to pay GST for that year by making a declaration in Annexure V within forty-five days of applying for GST registration or within one month of obtaining registration, whichever is later. The amendment is deemed effective from 9th May, 2023.

E invoicing threshold lowered, expanding mandatory e invoice compliance for eligible taxpayers from August 2023 under GST framework.
Requires electronic invoicing for taxpayers with aggregate turnover exceeding five crore rupees, effective from the 1st day of August, 2023, by substituting the earlier higher turnover threshold in the first paragraph of the prior notification and expanding the class of taxpayers subject to mandatory e invoicing under the GST framework.

Extension of limitation periods under GST provision extends time to issue recovery orders for specified financial years.
The Government, under section 168A read with section 20 of the Integrated GST Act and by partial modification of a prior notification, extends the time limit under sub section (10) of section 73 for issuance of orders under sub section (9) of section 73 to recover tax not paid or short paid and to recover input tax credit wrongly availed or utilized for specified financial years, with the notification effective from 31 March 2023.

Late fee waiver for final GST return non-filers permits relief where returns filed within specified amnesty window.
The Government waives late fee amounts in excess of five hundred rupees for registered persons who failed to furnish FORM GSTR-10 by the due date but furnish it between 1 April, 2023 and 30 June, 2023; the waiver is declared to be effective retrospectively from 31 March, 2023 and is taken under the statutory authority conferred by the GST Act as a targeted compliance relief.

Late fee waiver for annual GST return filings reduces per-day penalties and provides amnesty for eligible past non-filers.
The notification rationalises the late fee for annual GST returns from the specified financial year by prescribing per-day fees with maximum caps tied to aggregate turnover bands, and grants an amnesty for earlier-year non-filers who file within a prescribed relief window in 2023 by waiving late fees exceeding a fixed monetary ceiling; the measure is effective retrospectively from the end of the financial year and issued under statutory power to modify late fee liabilities.

Deemed withdrawal of assessment orders upon filing the overdue return and paying interest and late fee under GST scheme.
Assessment orders issued on or before 28 February 2023 shall be deemed withdrawn for registered persons who failed to furnish a valid return within thirty days of service, provided the person furnishes the return by 30 June 2023 and pays the interest due and the late fee under the Act. The concession applies regardless of whether an appeal against the assessment order was filed or decided, and the notification is effective from 31 March 2023.