Exemption from payment of tax on advances received in case of supply of goods - exclude specified actionable claims - Notification No. 66/2017-Central Tax dated 15.11.2017 as amended. - 50/2023 - Central GST (CGST)

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION NO. 50/2023 Central Tax New Delhi, the 29th September, 2023 G.S.R. 706(E). In exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter in this notification referred to as the said Act), the Central Government, on the recommendations of the Council, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 66/2017-Central Tax, dated the 15th November, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i),vide number G.S.R. 1422(E), dated the 15th November, 2017 , namely: In the said notification, with effect from the 1st October, 2023, after the words and figures composition levy under section 10 of the said Act , the words and figures , other than the registered person making supply of specified actionable claims as defined in clause (102A) of section 2 of the said Act, shall be inserted. [F. No. CBIC-20016/29/2023-GST] RAGHAVENDRA PAL SINGH, Director Note : The principal notification No. 66/2017- Central Tax, dated the 15th November, 2017, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 1422(E), dated the 15 th November, 2017.