Central Goods and Services Tax (Seventh Amendment) Rules, 2017

Effective Date: The rules come into force upon publication in the Official Gazette. Rule 3 Amendment: Allows provisional registrants to opt for tax payment under section 10 from October 2017 via FORM GST CMP-02. A ninety-day period is granted to furnish FORM GST ITC-03.

Rule 120A Insertion: Allows registered persons to revise electronically filed FORM GST TRAN-1 declarations within specified periods. Rule 122 Amendment: Requires Commissioners to hold office for at least one year. Rule 124 Amendment: Specifies salary for Technical Members and provides for Chairman and Technical Member termination upon Council's recommendation.

Rule 127 Amendment: Mandates quarterly performance reports to the Council. Rule 138 Amendment: Provisions added for e-way bill generation by principals and exempted handicraft goods transporters. FORM GST TRAN-1 Amendment: Allows Central Tax credit availing and filing TRANS 3 for Credit Transfer Document credit.

FORM GSTR-4 Amendment: Clarifies entry 8B(2) to substitute "Intra-State Supplies" with "Inter-State Supplies." FORM GST EWB-01 Amendment: Note added for bill of entry details entry in place of invoice for imports. Signed by Dr. Sree Parvathy S.L., Under Secretary to the Government of India.