CBEC unveils 8 GST Rules and revised FAQs on GST

Goods and Services Tax – GST – By: – Bimal jain – Dated:- 4-4-2017 Last Replied Date:- 5-4-2017 – Dear Professional Colleague, CBEC unveils 8 GST Rules and revised FAQs on GST In order to engage with the stakeholders and invite comments from the public at large, the Centre has issued 8 Goods and Services Tax ( GST ) Rules viz. Composition Rules, Valuation Rules, Transition Rules, Input Tax Credit ( ITC ) Rules, Revised Invoice Rules, Revised Payment Rules, Revised Refund Rules and Revised Registration Rules, on April 1, 2017. Further, the CBEC has also released the second edition of FAQs on GST on the basis of CGST, SGST, IGST, UTGST and Compensation Cess Bills. Earlier the FAQs prepared by the NACEN were a compilation based on Model GST L

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