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CBIC Excludes These Taxpayers From Composition Levy Scheme

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By Mariya Paliwala
CBIC Excludes These Taxpayers From Composition Levy Scheme

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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.

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