CHANGES IN CENTRAL GOODS AND SERVICES TAX RULES, 2017
By: – DR.MARIAPPAN GOVINDARAJAN
Goods and Services Tax – GST
Dated:- 18-11-2017<\/p>\n
Vide Notification dated 15.11.2017 the Central Government made the 'Central Goods and Services Tax (Twelfth Amendment) Rules, 2017 in exercise of the powers conferred under section 164 of the Central Goods and Services Tax Act, 2017. The amendment brings facility of filing refund manually whereas in the original act and rules it has been provided for online refund. This amendment came into effect from 15.11.2017.
\nAmendment to Rule 43
\nRule 43 provides for the manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases. Clause 2(i) of the Amendment Rules inserted the explanation after Rule 43(2). The newly inserted explanation provides that for the purposes of rule 42 and Rule 43, the Central Government clarified that the aggregate value of exempt supplies shall include the value of supply<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ction 54 (2) the issue of tax invoice is mandatory. Clause 2(ii) of Amendment rules substituted the word 'supplier shall issue' for 'supplier may issue'. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n r the Union Territory Goods and Services Tax Act may appeal to- = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n or casual taxable person or non resident taxable person, tax deduction, tax collector and other registered taxable person; = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" CHANGES IN CENTRAL GOODS AND SERVICES TAX RULES, 2017By: – DR.MARIAPPAN GOVINDARAJANGoods and Services Tax – GSTDated:- 18-11-2017 Vide Notification dated 15.11.2017 the Central Government made the 'Central Goods and Services Tax (Twelfth Amendment) Rules, 2017 in exercise of the powers conferred under section 164 of the Central Goods and Services Tax Act, 2017. The … Continue reading “CHANGES IN CENTRAL GOODS AND SERVICES TAX RULES, 2017”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8926","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8926"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8926\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nAmendment to Rule 97
\nRule 97 deals with the Consumer welfare fund. Clause 2(iii) inserted Rule 97A after Rule 97. Rule 97A provides for manual filing and processing. The new Rule 97A provides that notwithstanding anything contained in this Chapter, in respect of any process or procedure prescribed herein, any reference to electronic filing of an application, intimation, reply, declaration, statement or electronic issuance of a notice, order or certificate on the common portal, in respect of that process or procedure, include manual filing of the said application, intimation, reply, declaration, statement or issuance of the said notice, order or certificate in such forms as appended to these rules.
\nAmendment to Rule 107
\nRule 107 provides the procedure for Advance Ruling. Clause 2(iv) of the Amendment Rules provides for the insertio<\/p>\n
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\n * the Commissioner (Appeals) where such decision or order is passed by the Additional or Joint Commissioner;
\n * the Additional Commissioner (Appeals) where such decision or order is passed by the Deputy or Assistant Commissioner or Superintendent.
\nThe appeal shall be filed within three months from the date on which the said decision or order is communicated to such person.
\nRule 109A (2) provides that an officer directed under section 107(2) (appeal by Revenue) to appeal against any decision or order passed under this Act or SGST Act or UTGST Act may appeal to-
\n * the Commissioner (Appeals) where such decision or order is passed by the Additional or Joint Commissioner;
\n * the Additional Commissioner (Appeals) where such decision or order is passed by the Deputy or Assistant Commissioner or Superintendent
\nThe appeal should be filed within six months from the date of communication of said decision or order.
\nAmendment<\/p>\n
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\n * Form GST RFD – 01B – refund order details.
\nForm GST RFD – 01A
\nThis form is to be used for the refund under rule 89 and Rule 97A. The following information is to be furnished by the person who seeks refund by manual filing-
\n * GSTIN\/Temporary ID;
\n * Legal Name
\n * Trade Name, if any
\n * Address
\n * Tax period
\n * Amount of refund claimed in respect of central tax, State Tax, Integrated tax, UT tax, cess
\n * Grounds of refund claim (select from drop down)
\n * Excess balance in Electronic Cash Ledger;
\n * Exports of services with payment of tax;
\n * Exports of goods\/services – without payment of tax (accumulated input tax credit);
\n * ITC accumulated due to inverted tax structure, under clause (ii) of first proviso to section 54(3);
\n * On account of supplies made to SEZ unit\/SEZ developer (without payment of tax)
\n * Recipient of deemed export.
\n * Declaratio<\/p>\n
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