GST Practitioner enrolment to be valid for 18 months only-CGST Fifth Amendment Rules 2018
The amendment have been made to the CGST Rules 2017 :
Rule 37-Reversal of input tax credit in the case of non-payment of consideration
Rule 83-provisions relating to a goods and services tax practitioner-enrolment to be valid for 18 months only
Rule 89-formula for refund on account of inverted duty structure
Rule 95-Refund of tax on inward supplies by filing FORM GST RFD-10
Rule 97-Consumer Welfare Fund-50% of cess to be deposited
Rule 133-Powers of Anti Profiteering Authority where registered person has not passed on the benefit of the reduction in the rate of tax on the supply of goods or services or the benefit of input tax credit to the recipient
Rule 138-Information to be furnished prior to commencement of movement of goods and generation of e-way bill. No e-way bill is required to be generated where empty cylinders for packing of liquefied petroleum gas are being moved for reasons other than supply.
Also, the following Forms have also been modifies:
FORM GSTR-4
FORM GST PCT-01
FORM GST RFD-01
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