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June 2024

Recent Developments in GST

By G. G. Goyal, Chartered Accountant | C. B. Thakar, Advocate
Reading Time 18 mins

A. NOTIFICATIONS

1. Notification No. 09/2024-Central Tax dated 12th April, 2024

The above notification seeks to extend the due date for filing FORM GSTR-1, for the month of March 2024 till 12th April, 2024. (One-day relief due to technical glitches).

B. ADVANCE RULINGS

10 Job Work vis-à-vis Composite Supply M/s. Zuha Leather Pvt. Ltd. (AR Order No. 36/AAR/2022 dated 30th November, 2022 (TN)

The applicant has filed an application for Advance Ruling, raising the following question:

“Whether the activity of tanning, with chemical consumption, carried out by the applicant is coming within the purview of job work chargeable to tax under item i(e) of the Heading 9988 i.e., Manufacturing Services on Physical Inputs (Goods) owned by Others, and, if not what would be the applicable tax rate?”

The applicant submitted that he is basically a tanner carrying out the activity of tanning process on hides and skins (Chapter 41) and selling the finished product viz., finished leather. It was further submitted tha

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