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Central Board of Indirect Taxes and Customs (CBIC) issued Notification no. 20/2024 – Central Tax dated 08.10.2024 to make further amendment in the Central Goods and Services Tax Rules, 2017.
These rules may be called the Central Goods and Services Tax (Second Amendment) Rules, 2014.
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Threshold for generating e-invoice /IRN is reduced to 5 crore from 10 crore with effect from 1st day of August, 2023.
CBIC issued Notification no. 27/2024 – Central Tax dated 25.11.2024 to hereby makes the following amendments in the notification no. 02/2017-Central Tax, dated the 19th June, 2017 which provides for jurisdiction of Central Tax Officers.
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