CBIC notifies amendment in Categories of Services on which Integrated Tax will be Payable under RCM under IGST Act [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC), vide notification no. 13/2023- Integrated Tax (Rate) G.S.R. 691(E) issued on 26th September 2023 has notified the amendment in notification no. 10/2017 which states about the categories of services on which integrated tax which will be payable under Reverse Charge Mechanism (RCM) under the Integrated Goods and Services Tax Act, 2017 (IGST Act). The notification shall come into force on October 1st 2023.

In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017, the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.10/2017-Integrated Tax (Rate), dated the 28th June, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 685(E), dated the 28th June, 2017, namely:-

In the said notification, in the Table, serial number 10 and the entries relating thereto shall be omitted.

Omitted Part of Notification 10/2017

The following category of services and the entries related omitted – “Services supplied by a person located in non- taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India.”

Support our journalism by subscribing to Taxscan premium. Follow us on Telegram for quick updates