GST Update on notifications released on 30th September, 2019

GST Update on notifications released on 30^th September, 2019

Yesterday a series of notifications were released by the government in respect of decisions taken by the GST Council in meeting dated 20.09.2019. We are hereby providing the jist of notifications along with the attachment.

Central Tax dated 30-Sep-19
Notification No. 43/2019:
This notification seeks to exclude Aerated waters manufacturers from the purview of composition scheme.
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-43-central-tax-english-2019.pdf

Central Tax-Rates dated 30-Sep-19
Notification No. 14/2019:
Tax rates on specific goods changed to give effect to recommendations of 37th GST Council meeting. Few major changes made in the rates are as follows-

Chapter Heading	Description	Rate
3923 or 6305	Woven and non-woven bags and sacks of polyethylene or polypropylene strips or the like, whether or not laminated, 6305 of a kind used for packing of goods”;	12%
22029990	Caffeinated Beverages	28%

http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-14-2019-cgst-rate-english.pdf

Notification No. 15/2019:
This notification seeks to amend notification No 2/2017- Central Tax (Rate) dated 28.6.2017 while granting exemption to dried tamarind and cups, plates made of leaves, bark and flowers of plants.
5% to Nil on: - (i) Dried tamarind (ii) Plates and cups made up of leaves/ flowers/bark
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-15-2019-cgst-rate-english.pdf

Notification No. 16/2019:
Concessional tax rates benefit extended to specified projects under HELP/ OALP and other changes.
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-16-2019-cgst-rate-english.pdf

Notification No.17/2019:
Exemption extended on supplies of silver and platinum by nominated agencies to registered persons under the Scheme for “Export against Supply by Nominated Agency”
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-17-2019-cgst-rate-english.pdf

Notification No. 18/2019:
This notification seeks to exclude Aerated waters manufacturers from the purview of composition scheme.
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-18-2019-cgst-rate-english.pdf

Notification No. 19/2019:
Supply of goods for specified projects under Food and Agricultural Organization of the United Nations (FAO) exempted.
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-19-2019-cgst-rate-english.pdf

Notification No. 20/2019:
Tax rates on specific services changed to give effect to recommendations of 37th GST Council meeting

Reduces the rate of GST on hotel accommodation service as below: -

Transaction Value per Unit (Rs) per day	GST
Rs 1000 and less	Nil
Rs 1001 to Rs 7500	12%
Rs 7501 and more	18%

Reduces rate of GST on outdoor catering services other than in premises having daily tariff of unit of accommodation of Rs 7501 from present 18% with ITC to 5% without ITC. The rate shall be mandatory for all kinds of catering. Catering in premises with daily tariff of unit of accommodation is Rs 7501 and above shall remain at 18% with ITC.
Reduces rate of GST from 5% to 1.5% on supply of job work services in relation to diamonds falling under chapter 71 in the First Schedule to the Customs Tariff Act, 1975 (51of 1975).
Rate of GST on job work in relation to bus body building would remain at 18%.
Rate of GST on job work in relation to printing of books, textile fabrics remain at 5%. However, manufacturing services on physical inputs (goods) owned by others, other than mentioned above would remain at 18%.

http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-20-2019-cgst-rate-english.pdf

Notification No. 21/2019:

Various services exempted from tax including services by way of storage of cereals, fruits and vegetables etc.
To exempt Services of life insurance provided or agreed to be provided by the Central Armed Police Forces (under Ministry of Home Affairs) Group Insurance Funds to their members under the Group Insurance Schemes of the concerned Central Armed Police Force.
To exempt Services by way of right to admission to the events organised under FIFA U-17 Women's World Cup 2020.

http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-21-2019-cgst-rate-english.pdf

Notification No. 22/2019:
Various services notified under scheme of RCM under Section 9(3) of CGST Act, 2017.

Reverse charge mechanism is applicable on the body corporate availing service of renting of motor vehicle from the suppliers paying GST @ 5% on renting of vehicles with input tax credit only of input service in the same line of business
At present, the publishers are liable to pay on reverse charge basis in respect of Supply of services by an author by way of transfer or permitting the use or enjoyment of a copyright covered under clause (a) of sub -section (1) of section 13 of the Copyright Act, 1957 relating to original literary works to a publisher. However , via this notification, registered authors an option to pay GST on royalty charged from publishers under forward charge.

http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-22-2019-cgst-rate-english.pdf

Notification No. 23/2019:
Notification no. 4/2018 dated 25-Jan-18 amended to rescind it with respect to development rights supplied on or after 01-Apr-19.
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-23-2019-cgst-rate-english.pdf

Notification No. 24/2019:
Entry related to cement in Notification no. 7/2019 dated 29-Mar-19 amended so as to widen applicability of RCM on supplies received from unregistered person under Section 9(4). The said notification states that cement should be purchased from registered dealers throughout the year. In case of any shortfall, the promoter would be liable for payment of tax under RCM. This is applicable for real estate sector.
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-24-2019-cgst-rate-english.pdf

Notification No. 25/2019:
Grant of alcoholic liquor license neither a supply of goods nor a supply of service.
http://cbic.gov.in/resources//htdocs-cbec/gst/notfctn-25-2019-cgst-rate-english.pdf
This is solely for the educational purpose.
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GST Update on notifications released on 30th September, 2019

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