Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeNotificationCBIC Excludes These Taxpayers From Composition Levy Scheme

CBIC Excludes These Taxpayers From Composition Levy Scheme

NotificationBreaking

Published on

By Mariya Paliwala
CBIC Excludes These Taxpayers From Composition Levy Scheme

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Central Board of Indirect Taxes and Customs (CBIC) has, on the recommendation of the 55th GST Council Meet, excluded certain taxpayers from the composition levy scheme.

The Board has been notified to exclude taxpayers registered under composition levy scheme from the entry at Sr. No. 5AB introduced vide Notification No. 09/2024-CTR dated 08.10.2024 vide which renting of any commercial/ immovable property (other than residential dwelling) by unregistered person to registered person was brought under reverse charge mechanism. 

Further, to regularize the period from the date when the notification No. 09/2024-CTR dated 08.10.2024, became effective i.e. from 10.10.2024 till the date of issuance of the proposed notification on “as is where is” basis.

Read More: GST Exemption On Third-Party Motor Vehicle Premiums Collected Towards Motor Vehicle Accident Fund: CBIC

Notification Details

Notification No. 07/2025- Central Tax (Rate)

Date: 16/01/2025

Click Here To Read Notification
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Direct Tax

Notice Issued Before Filing of Return Cannot Sustain Reassessment: ITAT Quashes Rs. 2 Crore Cash Credit Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Direct Tax

ITO Can’t Reassess Non-Corporate Taxpayer Beyond CBDT’s Pecuniary Limit: ITAT Quashes Rs. 14-Crore Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Other Laws

FSSAI Registration Can’t Replace Regular Licence for Large-Scale Slaughterhouse Operations: Allahabad High Court

The Allahabad High Court has held that an FSSAI registration certificate issued to a...
GST

Full Payment of Disputed GST Demand Cannot Block Statutory Appeal: Allahabad High Court Directs Portal Access

The Allahabad High Court has held that a taxpayer’s statutory right to appeal cannot...

More like this

Direct Tax

Notice Issued Before Filing of Return Cannot Sustain Reassessment: ITAT Quashes Rs. 2 Crore Cash Credit Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Direct Tax

ITO Can’t Reassess Non-Corporate Taxpayer Beyond CBDT’s Pecuniary Limit: ITAT Quashes Rs. 14-Crore Addition

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has quashed reassessment proceedings...
Other Laws

FSSAI Registration Can’t Replace Regular Licence for Large-Scale Slaughterhouse Operations: Allahabad High Court

The Allahabad High Court has held that an FSSAI registration certificate issued to a...