| S.No | Particulars | Relevant Section | Amendment |
| 1 | Exclusion of undenatured extra neutral alcohol from GST | (amendment in Section 9 of the CGST Act, 2017 and Section 5 of the IGST Act, 2017) | Undenatured extra neutral alcohol (ENA) or rectified spirit used for manufacturing alcoholic liquor for human consumption has been excluded from the purview of GST.
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| 2 | Power not to recover GST not levied or short-levied as a result of general practice | (insertion of new Section 11A of the CGST Act, 2017) | The insertion of new Section 11A in the CGST Act grants power to not recover GST that was not levied or was short-levied due to a general practice. This amendment is based on the precedent in similar sections of other tax laws, like Section 28A of the Customs Act, 1962, and Section 11C of the Central Excise Act, 1944, which allowed the waiver of tax liabilities arising from long-standing practices.
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| 3 | Self invoicing time limits and Time of Supply for Reverse Charge Mechanism (RCM) | (amendment in Section 13 and 31 of the CGST Act, 2017) | A time limit has been prescribed for raising self-invoices by the recipient in respect of RCM transactions. Earlier, where an unregistered supplier had made supplies to a registered person, there was no specified time limit prescribed for raising issue invoice by the recipient. Resultantly, the recipients were issuing invoices in subsequent financial years and claiming ITC in those financial years.
Therefore, in order to bring uniformity in the provisions relating to self-invoicing, a time limit of 30 days to issue invoice by the recipient under RCM from the date of receipt of supplies, has been specified.
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| 4 | Restriction on ITC | (amendment to Section 17 of the CGST Act, 2017) | The restriction on the availability of ITC in cases where tax is paid under Section 74 of the CGST Act, 2017 is limited to demands upto the FY 2023-24.
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| 5 | Restriction on IGST Refunds | (amendment in Section 54 of the CGST Act, 2017) | Refunds for IGST on goods subjected to export duty, including exports to SEZs, are restricted. This applies regardless of whether the goods were supplied with or without payment of tax
Earlier restriction w.r.t unutilised ITC was in place, now, a separate sub-section has been inserted to restrict refund of both unutilised ITC as well as IGST paid on account of zero-rated supply of goods where such supply of goods is subject to export duty.
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| 6 | Compliance with Summons | (amendment in Section 70 of the CGST Act, 2017) | Authorized representatives can now appear on behalf of summoned persons to comply with summons issued by the proper officer.
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| 7 | Common Time Limits for Demand Notices | (insertion of new Section 74A of the CGST Act, 2017) | The insertion of new section standardizes the time limits for issuance of demand notices and orders, which is applicable from FY 2024-25 onwards.
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| 8 | Reduced Pre-Deposit for Appeals | (amendment in Section 107 and Section 112 of the CGST Act, 2017) | The pre-deposit amount for filing GST appeals has been reduced, making it more accessible for taxpayers. Additionally, the time limit for filing appeals before the GST Appellate Tribunal (GSTAT) has been set at 3 months from the notification date.
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| 9 | Waiver of Interest and Penalty | (insertion of new Section 128A of the CGST Act, 2017) | The complete waiver of interest and penalty is provided for demand notices, orders, or appellate orders under Section 73 of the CGST Act for the FY 2017-18, 2018-19, and 2019-20, provided the full tax amount is paid by 31 March 2025.
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| 10 | Transitional Credit for Service Invoices | (amendment in Section 140 of the CGST Act, 2017) | Transitional credit for service invoices received before the appointed date is now allowed retrospectively from 1 July 2017.
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