New amendments in CGST Rules

The following amendments have been made in the CGST rules.

Documents and devices to be carried by a person-in charge of a conveyance: In case of imported goods, the person in-charge of a conveyance will now need to carry a copy of the bill of entry filed by the importer and indicate the number and date of the bill of entry in Part A of Form GST EWB-01.

Input tax credit Eligibility: lnput Tax Credit can be availed if the invoice/debit note is issued in accordance with provisions containing all the specified particulars. But now it can be availed if invoice/debit note contains the details of at least the amount of tax charged, description of goods or services, total value of supply, GSTIN of the supplier and recipient, and place of supply in case of inter-State supply.

Refund of Integrated Tax Paid: Refund of integrated Tax paid on export of goods is restricted if the exporter has imported goods without payment of IGST by availing benefits under customs duty, i.e. advance authorisation, EPCG, EOU/STPI etc, benefits with retrospective effect from 23rd October, 2017. Previously, such restrictions were applicable only if the supplier to the exporter had availed the aforementioned benefits on the supplies made to the exporter.

Cancellation of Registration: The proceedings for cancellation of registration due to non filing of returns shall be dropped without replying to the notice served, if the assesses furnishes all pending returns and pay tax dues along with interest and late fees.