New Tax Rule Implementation

Rule Introduction: Government introduces amendments to the Central Goods and Services Tax rules via Rule 5 of the Fourth Amendment Rules, 2019.

Effective Date: Provisions of the amended rule, effective from April 1, 2020, as per the official announcement.

Authority Source: Notification issued under the powers conferred by rule 5, Central Goods and Services Tax (Fourth Amendment) Rules, 2019.

Recommendations Basis: Decision made on the recommendations of the Council, ensuring regulatory compliance.

Issuing Authority: Ruchi Bisht, Under Secretary to the Government of India, affirms the implementation.

Publication Details: Original notification published in the Gazette of India, Extraordinary, ensuring legal transparency.

Compliance Date: Taxpayers advised to adhere to the amended rule provisions from the stipulated date.