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Seeks to make seventh amendment (2020) to CGST Rules.

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
Notification No. 50/2020 – Central Tax

New Delhi, the 24th June, 2020

G.S.R (E). – In exercise of the powers conferred by section 164 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 rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-

  1. (1) These rules may be called the Central Goods and Services Tax (Seventh Amendment) Rules, 2020.
    (2) They shall come into force with effect from the 01st day of April, 2020.
  2. In the Central Goods and Services Tax Rules, 2017, in rule 7, for the Table, the following Table shall be substituted, namely:-

“Table

Sl. No.Section under which composition levy is optedCategory of registered personsRate of tax
(1)(1A)(2)(3)
1.Sub-sections (1) and (2) of section 10Manufacturers, other than manufacturers of such goods as may be notified by the Governmenthalf per cent. of the turnover in the State or Union territory
2.Sub-sections (1) and (2) of section 10Suppliers making supplies referred to in clause (b) of paragraph 6 of Schedule IItwo and a half per cent. of the turnover in the State or Union territory
3.Sub-sections (1) and (2) of section 10Any other supplier eligible for composition levy under sub-sections (1) and (2) of section 10half per cent. of the turnover of taxable supplies of goods and services in the State or Union territory
4.Sub-section (2A) of section 10Registered persons not eligible under the composition levy under sub-sections (1) and (2), but eligible to opt to pay tax under sub-section (2A), of section 10
three per cent. of the turnover of taxable supplies of goods and services in the State or Union territory.’’.

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