CBIC Rescinds Special Procedure Notification for Certain Goods [Read Notification]
Notification on Revocation of Special procedures for certain goods under GST
![CBIC Rescinds Special Procedure Notification for Certain Goods [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/01/CBIC-notification-CBIC-Special-Procedure-Notification-Goods-manufacturing-Special-procedure-for-registered-persons-Special-Procedure-taxscan.jpg "CBIC Rescinds Special Procedure Notification for Certain Goods [Read Notification]")
The Central Board of Indirect Taxes & Customs (CBIC) in exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) vide Notification No. 03/2024-Central Tax dated January 05, 2024, rescinded the previous Notification No. 30/2023-Central Tax dated July 31, 2023, related to a special procedure for registered persons manufacturing specific...
The Central Board of Indirect Taxes & Customs (CBIC) in exercise of the powers conferred by section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017) vide Notification No. 03/2024-Central Tax dated January 05, 2024, rescinded the previous Notification No. 30/2023-Central Tax dated July 31, 2023, related to a special procedure for registered persons manufacturing specific goods under section 148 of the Central Goods and Services Tax Act, 2017 (“the CGST Act”).
The rescind was based on the recommendation of the Central Government and the GST Council.
The rescission is effective from January 01, 2024, with no impact on prior actions taken under the earlier notification.
To Read the full text of the Notification CLICK HERE
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