Notification Summary: Amendment to CGST Rules, 2017
Title and Enforcement:
"CGST (Amendment) Rules, 2018" enacted under section 164 of the CGST Act, 2017, effective upon publication.
Key Amendments:
Extension of time for certain procedures.
Alteration in tax rates for specified cases.
Changes in rules concerning lottery and betting.
Clarifications on aggregate value of exempt supplies.
Introduction of new rules for tax invoices.
Effective Dates:
Rules enforced from 1st January and 1st February 2018, and retrospective adjustments.
E-Way Bill Provisions:
Detailed guidelines for generating e-way bills.
Provisions for consignment movement exceeding INR 50,000.
Cancellation and Refund Procedures:
Clarification on e-way bill cancellation within 24 hours.
Refund process modifications for exporters.
Supplementary Information:
Definitions and explanations provided for clarity.
Procedures for various scenarios outlined comprehensively.
Issuing Authority:
The Central Government, acting on the Council's recommendations, facilitated these amendments.
(Dr. Sree Parvathy S.L.)
Under Secretary to the Government of India