Key Amendments to CGST Rules: Stay Updated with the Latest Changes

Central Government introduces CGST (Fourth Amendment) Rules, 2017. Effective date aligned with publication in Official Gazette. Amendments encompass various sections of CGST Rules, 2017.

Rule 24 amended, extending deadline for specified filings to 30th September 2017. Rule 34 replaced, specifying rates of exchange for determining value of goods and services. Rule 44 revised, outlining procedures for estimating input tax credit.

Rule 46 updated for export invoices, providing necessary endorsements and details. Rule 61 revamped, specifying requirements for filing returns via FORM GSTR-3B. Amendments also made to rules 83 and 89, impacting specific provisions.

Modifications introduced in FORM GST TRAN-1 and FORM GST TRAN-2, affecting HSN classifications. Ensures alignment with prevailing GST regulations, enhancing clarity and compliance.