As per the recommendation in 54th GST Council Meeting-
| S.No | Notification No. | Description | Effective Date | |
| 1 | 05/2024-Central Tax (Rate) |
GST Rate on cancer drugs has been reduced from 12% to 5% namely- (233) Trastuzumab Deruxtecan (234) Osimertinib (235) Durvalumab Same changes has been passed under IGST and UTGST. |
10/10/2024 | |
|
GST Rate for Namkeens and Extruded or expanded products, savoury or salted (other than un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion) has been reduced from 18% to 12%. Same changes has been passed under IGST and UTGST. |
10/10/2024 | |||
|
Schedule III – 9%, (i) against S. No. 16, in column (3), for the words “un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion”, the words “un-fried or un-cooked snack pellets, by whatever name called, manufactured through process of extrusion, extruded or expanded products, savoury or salted” shall be substituted .Same changes has been passed under IGST and UTGST. |
10/10/2024 | |||
|
Car seats are classified under 9401 and would attract 18% GST Rate.
Same changes has been passed under IGST and UTGST. |
10/10/2024 | |||
|
GST Rate on Car seats classified under 9401 to be increased from 18% to 28%.
Same changes has been passed under IGST and UTGST. |
10/10/2024 | |||
| 2 |
Notification No. 06/2024-Central Tax (Rate) |
CBIC introduced a reverse charge mechanism (RCM) for the supply of metal scrap by unregistered suppliers to registered recipients. |
10/10/2024 | |
| 3 |
Notification No 07/2024-Central Tax Rate |
5% GST would be applicable on transport of passenger by helicopters on seat share basis. |
10/10/2024 | |
| 4 |
Notification No 08/2024-Central Tax Rate |
The CBIC exempts certain ancillary services related to electricity supply from GST when provided as a composite supply, with prior period GST regularized on an 'as is where is' basis. |
10/10/2024 | |
| The CBIC exempts the supply of research and development services provided by a government entity, research association, university, college, or other institution. | 10/10/2024 | |||
| The CBIC prospectively exempts affiliation services provided by State/Central educational boards, educational councils, and other similar bodies to government schools. | 10/10/2024 | |||
| CBIC exempts certain skill development-related services from GST. This notification amends serial number 69 in the GST rate notification to include services provided by entities such as the National Skill Development Corporation and other recognized bodies for various skill development programs and courses. Furthermore, it updates the terminology by replacing "National Council for Vocational Training" with "National Council for Vocational Education and Training" in the relevant provisions. | 10/10/2024 | |||
| 5 |
Notification No 09/2024-Central Tax Rate |
CBIC has implemented a Reverse Charge Mechanism for the renting of commercial property from an unregistered person to a registered person to prevent revenue leakage. |
10/10/2024 | |
| 6 |
Notification No 21/2024-Central Tax |
Under Section 73 of CGST Act CBIC notifies the procedure and conditions for waiver of tax demand for FYs 2017-18, 2018-19, 2019-20 as per section 128A of CGST Act. |
01/11/2024 | |
| 7 |
Notification No 22/2024-Central Tax |
CBIC notifies the mechanism for implementation of recently inserted sub -section (5) and (6) in section 16 of CGST Act. |
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| 8 |
Notification No 23/2024-Central Tax |
The CBIC, has waived the late fee for registered persons required to deduct TDS under section 51 of the CGST Act for delays in filing FORM GSTR-7 from June 2021 onward. |
01/11/2024 |
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