CBIC Notifies that the effective date for following the special procedure by registered persons engaged in manufacturing of Pan-masala, Tobacco and Tobacco products has been extended to 15 May 2023.
In a recent development, the Central Board of Indirect Taxes and Customs (CBIC), vide its Notification No. 8/2024- Central Tax dated 10 April 2024, notifies about an amendment in CBIC Notification No.4/2024- central Tax Dated 5 January 2024.
As per the CBIC Notification No. 4/2024-Central tax, the CBIC notified a special procedure to be followed by registered persons engaged in manufacturing of Pan-masala, Tobacco and Tobacco products and that special procedure was to be effective from 1 April 2024.
Now, according to the amendment brought under Notification 4/2024-CT, that effective date for following the special procedure by registered persons engaged in manufacturing of Pan-masala, Tobacco and Tobacco products has been extended to 15 May 2023.
Notification No. 8/2024-Central Tax Dated 10 April 2024:
“In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said Act), the Central Government, on the recommendations of the Council, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 04/2024-Central Tax, dated the 5th January, 2024 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 85(E), dated the 5th January, 2024, namely:-
In the said notification, in para 4, for the words and letters “1st day of April, 2024”, the words and letters “15th day of May, 2024” shall be substituted.
This notification shall come into force from 1st day of April, 2024.”
Brief about Notification No. 4/2024- CT Dated 5 January 2024:
1. Details of Packing Machines:
All the registered persons engaged in manufacturing of the goods mentioned in Schedule to this notification shall furnish the details of packing machines being used for filling and packing of packages in FORM GST SRM-I, electronically on the common portal, within thirty days of coming into effect of this notification.
2. Special Monthly Statement:
The registered person shall submit a special statement for each month in FORM GST SRM-II, electronically on the common portal, on or before the tenth day of the month succeeding such month.
3. Certificate of Chartered Engineer:
The taxpayer shall upload a certificate of Chartered Engineer FORM GST SRM-III in respect of machines declared by him, as per para 1 of this notification, in Table 6 of FORM GST SRM-I.
To Access or Download the Notification No 4/2024-CT CLICK HERE
To Access or Download the Notification No 8/2024-CT CLICK HERE
To Access the GSTN Advisory on Auto-Populating HSN-wise Data from e-Invoice to Table-12 of GSTR-1 CLICK HERE
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