Notification: Amendments to CGST Rules, 2017

Rule Naming: Central Goods and Services Tax (Fifth Amendment) Rules, 2018 introduced by Central Government. Effective Date: Rules enforceable from the date of publication in the Official Gazette.

Key Amendments: Rule 37: Provision added for the deemed payment of supplies value due to adjustments in accordance with section 15(2)(b). Rule 83: Time limit extended from one year to eighteen months for certain provisions. Rule 89: Refund calculation formula for inverted duty structure revised. Rule 97: Additional provision for depositing fifty percent of cess determined under specified sections. Rule 133: Enhanced authority granted to determine non-compliance and impose penalties.

Inclusions: New clause (o) added in rule 138 for the movement of empty LPG cylinders. Amendments in various forms including GSTR-4, GST PCT-01, and GST RFD-01 for compliance adjustments. Scope Expansion: Rule modifications to streamline processes, enhance transparency, and improve tax administration.

Declaration Requirement: Addition of a declaration in GST PCT-01 to affirm citizenship and mental soundness. Issued By: Dr. Sree Parvathy S.L., Under Secretary to the Government of India.