*Notification No. 05/2025 – Central Tax (Rate)*
✅ Redefines “specified premises” to include (w.e.f. 01-04-2025):
➡️ Premises where the value of supply for hotel accommodation exceeds ₹7,500 per unit per day.
➡️ Premises declared as “specified” through filings by registered persons or new applicants through Annexure VIII & Annexure IX.
✅ Registered persons must file a declaration to classify premises as “specified premises.”
✅ Annexures VII, VIII, and IX are introduced for opt-in and opt-out declarations for such premises.
✅ The above declaration shall be filed on or after 1st of January of the preceding Financial Year but not later than 31st of March of the preceding Financial Year. (for already registered persons)
✅ The above declaration shall be filed within fifteen days of obtaining acknowledgement for the registration application (for new taxpayers)
*Notification No. 06/2025 – Central Tax (Rate)*
✅ This notification amends the Notification No. 12/2017-Central Tax (Rate).
✅ Introduces new Entry No. 36B as services of insurance provided by the Motor Vehicle Accident Fund under the Motor Vehicles Act, 1988 with rate NIL.
✅ Adds “training partners approved by the National Skill Development Corporation” to the Serial No. 69 in Tariff list of Services covered under GST.
✅ Changes “transmission and distribution” to “transmission or distribution” in Entry No. 25A
✅ Effective Date shall be April 1, 2025.
*Notification No. 07/2025 – Central Tax (Rate)*
✅ Amendments to Notification No. 13/2017-Central Tax (Rate) – RCM Notifications
✅ Sponsorship services provided by the body corporates has been brought under Forward Charge Mechanism – Body corporate has been excluded now in RCM Notification (Serial No. 4)
✅ Serial No. 5AB now excludes persons who have opted for the composition levy from RCM on rent requirements.
Hence, taxpayers registered under composition levy scheme are now not required to pay RCM for payment related to renting of any commercial/ immovable property (other than residential dwelling) to an unregistered person.
*Notification No. 08/2025 – Central Tax (Rate)*
✅ Amendments to Notification No. 17/2017-Central Tax (Rate):
✅ Updates the definition of “specified premises” to align with clause (xxxvi) of paragraph 4 of Notification No. 11/2017-Central Tax (Rate).
✅ Effective Date shall be April 1,
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