appointment of 1st day of October, 2023

## Report on Delhi Goods and Services Tax Amendment Act, 2024 **1. Executive Summary:** This report analyzes the Delhi Goods and Services Tax Amendment Act, 2024 (Delhi Act No. 05 of 2024) based on the official notification provided. The notification announces the date on which the provisions of the Amendment Act shall come into force. The core purpose of the notification is to formally declare the effective date of the amendment. The key finding is that the amendment will come into force on October 1, 2023. **2. Introduction:** This report aims to provide an informative overview of the Delhi Goods and Services Tax Amendment Act, 2024, as evidenced by the provided government notification. The analysis is based solely on the information contained within the given text. **3. Policy Overview:** * This analysis pertains to an *amendment* to the Delhi Goods and Services Tax Act. The original policy being amended is the "Delhi Goods and Services Tax Act" (implied by the title of the amendment act). * Core Objective(s) as stated or inferred *from the provided text*: The primary objective of *this notification* is to officially set the enforcement date for the provisions outlined in the Delhi Goods and Services Tax Amendment Act, 2024. **4. Background and Rationale:** As this document only specifies the coming into force of the amendment act, the reason for this amendment is not explicitly stated within the provided text. Without the full text of the Amendment Act, the specific issues it addresses within the original GST policy cannot be determined. Therefore, understanding the specific rationale of the changes is outside the scope of this report, based on the limited context. **5. Key Provisions / Changes:** This section focuses specifically on the changes introduced by the provided amendment notification text. * **What specific part of the original policy is being changed (if discernible from the text):** The notification does not directly modify a section of the original policy. Instead, it provides the effective date for changes introduced by the amendment act. * **What the *new* rule/provision *is*, based *only* on the amendment text:** The new provision is the date on which the Delhi Goods and Services Tax Amendment Act, 2024, becomes effective: October 1, 2023. * **Explain the *difference* or the *effect* of this specific change:** This notification means that from October 1, 2023, all changes to the Delhi Goods and Services Tax Act introduced by the Delhi Goods and Services Tax Amendment Act, 2024, are legally in effect and must be complied with. The original policy is thus updated according to the amendment act. **6. Target Audience and Stakeholders:** Based on the provided text, the target audience and stakeholders directly affected by this notification are: * Businesses and individuals operating within the National Capital Territory of Delhi who are subject to the Goods and Services Tax (GST). * Tax professionals and consultants advising businesses on GST compliance. * The Finance Department of the Government of the National Capital Territory of Delhi. **7. Implementation Aspects (Inferred):** * **Responsible agency/bodies mentioned:** The Finance (Expenditure I) Department of the Government of the National Capital Territory of Delhi is responsible for the notification. The Lieutenant Governor of the National Capital Territory of Delhi authorized the notification. * **Any timelines or procedures specified *in the text*?:** The key timeline specified is that the amendment comes into force on October 1, 2023. The notification itself doesn't specify procedures, but it can be inferred that the affected parties are expected to comply with the amendments from the stated date. **8. Expected Outcomes / Impact of Changes:** The expected outcome of *this specific notification* is to formally establish the effective date of the changes introduced by the Delhi Goods and Services Tax Amendment Act, 2024. This allows businesses operating within Delhi to prepare for and comply with the amended regulations. The impact of the *amendments themselves* would depend on the details of the amendment act, which are not contained within the provided document. **9. Conclusion:** The notification regarding the Delhi Goods and Services Tax Amendment Act, 2024, is significant because it officially sets the date on which the changes to the Delhi Goods and Services Tax Act come into effect. The Act is now legally enforceable as of October 1, 2023. Businesses and individuals operating in Delhi must understand the specifics of these amendments to ensure compliance.

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