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Taxation Central Ministry of Finance Integrated Goods and Services Tax Act, 2017

Amendment to Notification No. 01/2023-Integrated Tax

26-Oct-2023 | 05/2023-Integrated Tax

Ministry of Finance has issued an amendment to Notification No. 01/2023-Integrated Tax, effective from 26th October 2023.

The amendment states that all goods or services (except those specified in column 3 of the provided TABLE) are classified as goods or services that may be exported with the payment of integrated tax. Suppliers of such goods or services have the right to claim a refund of the tax paid.

Additionally, all suppliers to a Developer or a unit in a Special Economic Zone undertaking authorized operations (except the goods specified in column 3 of the TABLE) are classified as persons who may supply goods or services to such Developer or unit in a Special Economic Zone for authorized operations on payment of integrated tax. These suppliers also have the right to claim a refund of the tax paid.


This amendment is retroactively deemed to have been effective from the 1st day of October 2023.

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