✅ CGST Amendments of Finance Act, 2024 Notified w.e.f 27th September, 2024
👉🏼Amendment of Section 16, 109, 171
👉🏼No refund of tax
paid or input tax
credit reversed
✅ CGST Amendments of Finance Act, 2024 Notified w.e.f 1st November, 2024
👉🏼Amendment of CGST Section 9, 10, 13, 17, 21, 30, 31, 35, 39, 49, 50, 51, 54, 61 to 66, 70, 73, 74, 75, 104, 107, 112, 122, 127, 140 & Amendment of CGST Schedule III
👉🏼Insertion of New Section 11A.
(Power not to
recover Goods
and Services Tax not levied or short-levied as a result of general practice)
👉🏼Insertion of New Section 74A
(Determination of
tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason
pertaining to Financial Year 2024-25 onward.
)
👉🏼Insertion of New Section 128A
Waiver of
interest or penalty or both relating to
demands
raised under section 73, for certain tax periods.
✅ IGST Amendments of Finance Act, 2024 Notified w.e.f 1st November, 2024
👉🏼Amendment of Section 5, 16, 20
👉🏼Insertion of New Section 6A
(Power not to
recover Goods and Services Tax not levied or short-levied as a result of general practice)
✅ UTGST Amendments of Finance Act, 2024 Notified w.e.f 1st November, 2024
👉🏼Amendment of Section 7
👉🏼Insertion of New Section 8A
(Power not to
recover Goods and Services Tax not levied or short-levied as a result of general practice)
✅ Compensation Cess Amendments of Finance Act, 2024 Notified w.e.f 1st November, 2024
👉🏼Insertion of New Section 8A
(Power not to
recover Goods and Services Tax not levied or short-levied as a result of general practice)