Summary of Important GST Notifications Dated 31 July 2023

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Most Important GST Notifications are issued after 50th GST council Meeting to bring amendments in GST Act.

Highlights of GST Notifciations Dated 31 July 2023:

  1. CBIC Notified Dates on which the provisions of finance Act 2023 shall come in force 
  2. Special Procedure and Manual Filing of Appeal against order rejecting Transitional Credits in Tran-1 & Tran-2
  3. Special procedure & New Forms notified for manufacturers of Pan Masala & Tobacco products 
  4. Biometric based authentication for GST registration is mandatory in State of Puducherry
  5. CBIC exempts filing of GSTR-9 (GST annual return) for taxpayers having aggregate turnover in FY 2022-23 up to 2 crores rupees
  6. Account Aggregator” as the systems with which information may be shared by the common portal under section 158A of the CGST Act, 2017.
  7. No need of GST registration for Persons (Who’s Turnover is below the limit notified in Section 22(1)) to supply goods through ECO
  8. Export of Pan-masala & several notified Tobacco products shall be made on payment of IGST

Download links and brief of notifications issued on 31st July 2023 under Central Tax:

 S.No. NotificationSummary 
1. NNo. 28/2023 Central Tax
July 31st, 2023 		CBIC Notified Dates on which the provisions of finance Act 2023 shall come in force:
(a) 1st day of October, 2023, as the date on which the provisions of sections 137 to 162 (except sections 149 to 154) of the said Act shall come into force; (Read in Detail) 

(b) 1st day of August, 2023, as the date on which the provisions of sections 149 to 154 of the said Act shall come into force (Read in Detail)
2. NNo. 29/2023 Central Tax July 31st, 2023 Special Procedure and Manual Filing of Appeal against order rejecting Transitional Credits in Tran-1 & Tran-2:

The CBIC has notified the special procedure which shall be followed by a registered person or an officer, who intends to file an appeal against the order passed by the proper officer in accordance with Circular No. 182/14/2022-GST, dated 10th November, 2022 pursuant to the directions of the Hon’ble Supreme Court in the case of Union of India v/s Filco Trade Centre Pvt. Ltd., SLP(C) No.32709-32710/2018

It has been provided that appeal against the order shall be made in duplicate and shall be presented manually before the Appellate Authority, from the date of issuance of this notification or the date of the said order, whichever is later

The appellant shall not be required to deposit any amount as a pre-condition for filing an appeal against the said order. 
3. NNo. 30/2023 Central Tax
July 31st, 2023 		Special procedure & New Forms notified for manufacturers of Pan Masala & Tobacco products 

The CBIC has notified special procedure which shall be followed by registered persons engaged in manufacturing of Pan Masala & Tobacco products along with additional records which shall be maintained by the registered persons manufacturing these goods. 

It is provided that all the existing registered persons engaged in manufacturing of these goods shall furnish the details of packing machines being used for filling and packing of pouches or containers in FORM SRM-I, within 30 days of issuance of this notification, electronically on the common portal. (Form will available soon on GST Portal)

They shall also submit a special statement for each month in FORM SRM-IV on the common portal, on or before the 10th day of the month succeeding such month. (Form will available soon on GST Portal)

The details of any additional filling and packing machine being installed in the registered place of business shall be furnished, electronically on the common portal, by the said registered person within 24 hours of such installation in FORM SRM-IIA. (Form will available soon on GST Portal)

Also notified Additional records to be maintained by the registered persons manufacturing the goods mentioned in the Schedule

(1) Every registered person engaged in manufacturing of goods mentioned in Schedule shall keep a daily record of inputs being procured and utilized in quantity and value terms along with the details of waste generated as well as the daily record of reading of electricity meters and generator set meters in a format asspecified in FORM SRM-IIIA in each place of business.

(2)Further, the said registered person shall also keep a daily shift-wise record of machine-wise production, product-wise and brand-wise details of clearance in quantity and value terms in a format as specified in FORM SRM-IIIB in each place of business.
4. NNo. 31/2023
Central Tax
July 31st, 2023 		Biometric based authentication for GST registration is mandatory in State of Puducherry: 

The CBIC has issued to provide that proviso to Rule 8(4A) will be applicable on State of Puducherry and now biometric based Aadhar authentication for GST registration is mandatory in the State of Puducherry. 
5. NNo. 32/2023 Central Tax
July 31st, 2023 		CBIC exempts filing of GSTR-9 (GST annual return) for taxpayers having aggregate turnover in FY 2022-23 up to 2 crores rupees: 

The CBIC has issued a notification to exempt the registered persons whose aggregate turnover in the financial year 2022-23 is up to two crore rupees, from filing annual return. 
6. NNo. 33/2023-Central Tax July 31st, 2023 “Account Aggregator” under GST shall be same as defined in the NBFC- Account Aggregator (Reserve Bank) Directions, 2016: 

The CBIC has notified “Account Aggregator” as the systems with which information may be shared by the common portal based on consent under Section 158A of CGST Act, 2017 and it shall be same as defined in the NBFC- Account Aggregator (Reserve Bank) Directions, 2016.

This notification shall come into force with effect from the 1st October, 2023. 

“Account Aggregator” means a non-financial banking company which undertakes the business of an Account Aggregator in accordance with the policy directions issued by the Reserve Bank of India under section 45JA of the Reserve Bank of India Act, 1934 (2 of 1934) and defined as such in the Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016. 
7. NNo. 34/2023–
Central Tax
July 31st, 2023 		No need of GST registration for Persons (Who’s Turnover is below the limit notified in Section 22(1)) to supply goods through ECO: 

The CBIC has issued notification to exempt dealers from taking GST registration whose turnover does not exceed the threshold limit of registration and making supplies of goods through an electronic commerce operator subject to certain conditions

This notification shall come into force with effect from 1st October, 2023. 
8. NNo. 01/2023-Integrated Tax July 31st, 2023 Export of Pan-masala & several notified Tobacco products shall be made on payment of IGST: 

The CBIC has issued notification to provide list of certain products such as Pan masala, Tobacco, Jarda etc. whose export shall be made only after payment of integrated tax and on which the supplier of such goods or services may claim the refund of tax so paid.

This notification shall come into force with effect from 1st October, 2023. 

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Pooja Gupta

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

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CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

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