Notification no. 22/2017- Fifth amendment to CGST rules 2017 - 17 August 2017

Date of enforcement :

Shall come into force on the date of their publication in the Official Gazette.

Fifth amendment to CGST rules 2017 - 17 August 2017

Summary changes in the rules as per the notification for easy reference ::

## Rule 3(4) -The time period to furnish the details of stock for those who opted composition scheme from the appointed date (i.e transitional ) has now been extended from 60 days to 90 days.

## The rule 17 is being used for registration requirement for “specialized agencies like United  Nations Organisation or any Multilateral Financial Institution and Organisation notified under the United Nations (Privileges and Immunities) Act, 1947, Consulate or Embassy of foreign countries or any other class of person as notified by the commissner” which has now given power to external  affairs ministry by inserting the words “or after receiving a recommendation from the Ministry of External Affairs, Government of India”

## Rule 40 talks about the declaration to be filed by the person who applies for registration under normal procedures (being first time reg or converting from sec 10 to normal etc) needs to file a declaration within 30 days on portal has now given power to commissioner by notification to extend such time period,

## New rule 44A has been inserted to restrict the credit upto 1/6 on account of additional duty paid on GOLD DORE BAR (either gold or jewelry) and rest 5/6 to be reversed from electronic  credit ledger either at the time of supply of such stock or if already done then within a week from issue of this notification…  

## Rule 87 which deals with electronic cash ledger has now added the time limit of 15 days for challan generated in FORM GST PMT 06 & also allows to use such facility by person supplying   online information and database access or retrieval services from a place outside India to a nontaxable online recipient referred to in section 14 of the Integrated Goods and Services Tax Act, 2017,

## Rule 103 which deals in qualification of  a member appointing as a member of authority of advance ruling which has now amended to say “ not below the rank of Joint commissioner”

## In “FORM GST REG-01” under the heading „Instructions for submission of Application for Registration‟, after Serial No. 15, the following Serial No. shall be inserted, namely:- “16. Government departments applying for registration as suppliers may not furnish Bank Account details.”

## Revised form of “FORM GST REG-13 [See Rule 17]  which is “Application/Form for grant of Unique Identity Number (UIN) to UN Bodies/ Embassies /others”

For reading full text of the notification please refer - 

http://www.cbec.gov.in/resources//htdocs-cbec/gst/notfctn-22-central-tax-english.pdf