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74/2018-Central Tax ,dt. 31-12-2018

Fourteenth amendment to the CGST Rules, 2017 .
To view this notification click here

Opinion

Via this notification no. 74/2018 dated 31.12.2018, certain amendments were made in the CGST Rules,2017-
1. A person applying GST registration in REG-7 as TCS deductor must mention the name of the State/UT of a place he chooses where he does not have physical presence in India in Part-A and the principal place of business in Part-B.
 
2. Reporting in ITC-04 will now exclude any challans issued with regards to goods supplied between two job workers.
3. Supplier or his representative need not put a signature or use DSC for the issue of the invoice issued electronically in adherence to IT Act 2000.
4. Supplier or his representative need not put a signature or use DSC for the issue of the bill of supply issued electronically in adherence to IT Act 2000.
5. Supplier or his representative need not put his signature or use DSC for the issue of the consolidated tax invoice by Bank or Ticket by supplier involved in passenger services which are in adherence to IT Act 2000.
6. In Rule 89(5) governing provisions of refund of GST under inverted duty structure, the words ‘adjusted total turnover’ and ‘relevant period’ must be same as defined under Rule 89(4).
7. Audit under rule 101 can be made applicable to part of the financial year too.
8. A new rule 109B for revision order and notice to person is inserted.
9. Handicraft goods has been clearly defined under Rule 138 -e-way bill rules giving reference to Central tax notification 56/2018.
10. A new rule 138E-Restriction on furnishing of information in PART A of FORM GST in inserted: Now taxpayers not filing GST returns for two tax periods consecutively, cannot generate Part-A slip of e-way bill.
11. Section 75(12)- Tax remaining unpaid on GST returns filed- has been given reference to in Rule 142(5)- Tax demand cleared in Form DRC-07.
12. A new form RFD-01 and RFD-01A now replace the old forms.
13. Formats of GSTR-9, GSTR-9A and GSTR-9C are now revised to accommodate changes recommended at 31st GST Council meeting.
 

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