Home› India› Government of The National Capital Territory of Delhi› notification us 44 of GST...
Date: 06-Sep-2024 Category: Extra Ordinary State: Union Government Country: India

notification us 44 of GST

Issued by Government of The National Capital Territory of Delhi · Trade and Taxes Department

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

Gazette Notification Description

  • This notification, issued by the Department of Trade and Taxes (GST-Policy Branch) of the Government of the National Capital Territory of Delhi, exempts certain registered persons from filing annual GST returns for the financial year 2023-24.

Key Changes

  • Registered persons in Delhi with an aggregate turnover of up to two crore rupees (INR 20,000,000) during the financial year 2023-24 are exempted from filing the annual GST return for that financial year.
  • This exemption is based on the powers conferred by the first proviso to section 44 of the Delhi Goods and Services Tax Act, 2017 (03 of 2017).
  • The exemption is granted by the Commissioner (State Tax) on the recommendations of the Council.

Impact Analysis

Impact on Businesses

  • Potential for increased ease of doing business in Delhi, attracting more investment and boosting economic activity among smaller businesses.

Impact on Government

  • Need for adjustments in resource allocation within the tax department.

Suggested Actions

  • Evaluate the need for similar exemptions in future financial years based on the impact assessment.

Key Entities Referenced

Government of the National Capital Territory of Delhi: The issuing authority of the notification. Department of Trade and Taxes (GST-Policy Branch): The specific department responsible for issuing the notification. Commissioner (State Tax): The individual who issued the notification based on the Council's recommendations. Delhi Goods and Services Tax Act, 2017 (03 of 2017): The legal basis for the exemption, specifically section 44 and its first proviso. Council: The body that recommended the exemption to the Commissioner.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33002/99 REGD. No. D. L.-33002/99 भारत सरकार GOVERNMENT OF INDIA एस.जी.-डी.एxलxx.-GअID.-H0x7xx0 92024-256999 SG-DLxx-ExG-0ID7E0x9x2x0 24-256999 असाधारण EXTRAORDINARY प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 230] दिल्ली, िुक्रवार, जसतम्ब र 6, 2024/भाद्र 15, 1946 [रा.रा.रा.क्षे.दि. स.ं 179 No. 230] DELHI, FRIDAY, SEPTEMBER 6, 2024/BHADRA 15, 1946 [N. C. T. D. No. 179 भाग IV PART IV राष्ट्रीय रािधानी राज्य क्षत्रे दिल्ली सरकार GOVERNMENT OF THE NATIONAL CAPITAL TERRITORY OF DELHI fnYyh] 6 flrEcj] 2024 .—fnYyh eky vkSj lsok dj vf/kfu;e] 2017 ¼2017 dk 03½ dh /kkjk 44 ds igys ijarqd }kjk çnÙk 'kfä;kas dk ç;kxs djrs gq,] vk;qDr] ifj"kn dh flQkfj'kka s ij jftLVªh—r O;fä] ftldh foÙkh; o"kZ 2023&24 eas ladfyr vkorZ nks djksM+ #i, rd dh gS] dks mä foÙkh; o"kZ ds fy, okf"kZd fooj.kh Qkby djus ls NwV çnku djrk gSA ppa y ;kno] vk;qDr ¼jkT; dj½ 5747 DG/2024 (1)2 DELHI GAZETTE : EXTRAORDINARY PART IV] DEPARTMENT OF TRADE AND TAXES (GST-Policy Branch) NOTIFICATION Delhi, the 6th September, 2024 No. 14/2024-State Tax F. No. 2 (531)/Policy/GST/2024/ 1967.—In exercise of the powers conferred by the first proviso to section 44 of the Delhi Goods and Services Tax Act, 2017 (03 of 2017), the Commissioner, on the recommendations of the Council, hereby exempts the registered person whose aggregate turnover in the financial year 2023-24 is up to two crore rupees, from filing annual return for the said financial year. CHANCHAL YADAV, Commissioner (State Tax) Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research

Related Documents from Government of The National Capital Territory of Delhi