CBIC amends Notification No 01/2017- Central Tax (Rate) dated 28.06.2017 vide Notification No. 11/2023- Central Tax (Rate), Dated: 29th September, 2023. This notification introduces amendments to Schedule IV of the Central Goods and Services Tax (CGST) Act, 2017, specifically addressing specified actionable claims. The specified actionable claim, as defined, encompasses various activities, including betting, casinos, gambling, horse racing, lottery, and online money gaming. These activities are now explicitly addressed and regulated under the amended CGST Act.
Ministry of Finance
(Department of Revenue)
(Central Board of Indirect Taxes and Customs)
G.S.R. 711(E).—In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017 (12 of 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.1/2017-Central Tax (Rate), dated the 28thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28thJune, 2017, namely: –
In the said notification,
(i) in Schedule IV-
(a) after S. No. 227 and the entries related thereto, the following S. No. and entries shall be inserted, namely:-
|“227A||Any Chapter||Specified actionable claim;
Explanation: “specified actionable claim” as defined in section 2(102A) of the CGST Act, 2017 means the actionable claim involved in or by way of—
(iv) horse racing;
(v) lottery; or
(vi) online money gaming;”;
(b) S. No. 228 and 229 and the entries relating thereto shall be omitted.
(ii) in the Explanation, after clause (iv), the following clause shall be inserted, namely:
“(v) The words and expressions used and not defined in this notification, but defined in the Central Goods and Service Tax Act, 2017 (12 of 2017), the Integrated Goods and Services Tax Act, 2017 (13 of 2017) and the Union Territory Goods and Services Tax Act, 2017 (14 of 2017), shall have the same meanings as assigned to them in those Acts.”
2. This notification shall come into force on the 1st day of October, 2023.
[F.No. CBIC-190354/180/2023-TO(TRU- II)-CBEC]
RAJEEV RANJAN, Under Secy.
Note : The principal notification No.1/2017-Central Tax (Rate), dated the 28thday of June, 2017 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 673(E), dated the 28thday of June, 2017 and was last amended by notification No. 09/2023Central Tax (Rate) dated the 26th July, 2023 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R. 547 (E), dated the 26th July, 2023.