CBIC further amends the Central Goods and Services Tax Rules, 2017

CBIC further amends the Central Goods and Services Tax Rules, 2017

January 2, 2019 Fiscal, Industries, states 0

Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 74/2018 dated 31st December, 2018 to further amend the Central Goods and Services Tax (CGST) Rules, 2017.

Key Points of the Amendment are:

  1. A person applying for registration to collect tax in a State or Union territory where he does not have a physical presence now requires to mention the name of the State or Union territory in PART A of the application in FORM GST REG-07 and mention the name of the State or Union territory in PART B thereof in which the principal place of business is located which may be different from the State or Union territory mentioned in PART A
  1. In Form GST ITC-04 the details of challans in respect of goods sent form one job worker to another during a quarter is not required to be included.
  1. For issuance of electronic tax invoice or bill of supply, signature or digital signature of the supplier or his authorised representative is not required if the same has been issued in accordance with the provisions of the Information Technology Act, 2000 (21 of 2000).
  1. No person (including a consignor, consignee, transporter, an e-commerce operator or a courier agency) shall be allowed to furnish the information in PART A of FORM GST EWB-01 in respect of a registered person, whether as a supplier or a recipient, who,—

(a) being a person paying tax under composition scheme, has not furnished the returns for two consecutive tax periods; or

(b) being a person other than a person specified in clause (a), has not furnished the returns for a consecutive period of two months:

  1. Form GST RFD-01 (Application for Refund) has been substituted
  2. Form GSTR- 9 (Annual Return) has been substituted
  1. Form GSTR 9A (Annual Return for Composition Taxpayer) has been substituted
  1. Form GSTR 9C ( Reconciliation Statement and Certification) has been substituted.

For further details please refer the attached document.

Source: Central Board of Indirect Taxes & Customs

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