Upon the recommendations of the GST council in its 28th Meeting held on 21st July 2018, CBIC (Central Board of Indirect Taxes and Customs) has issued notification no. 22/2018-Central Tax (Rate) and 23/2018-Integrated Tax (Rate) on 06th August 2018.
The said notification has been issued on being satisfied that it is necessary in the public interest.
This notification is said to amend the Notification No 32/2017 dated 13th October 2017 and last amended vide Notification No. 13/2018 dated 29th June 2018. In the said notification, for the figures, letters and words “30th day of September, 2018”, the figures, letters and words “30th September, 2019 shall be substituted.
Through the said notification, CBIC notifies that the reverse charge mechanism applicability have been postponed till 30th September 2019. Earlier, CBIC had notified the applicability from 01st April 2018, later the same was postponed till 30th June 2018 and once again to 30th September 2018. This time the applicability has been cancelled for another one year i.e 30th September 2019.