Major highlights of the notification (for easy reference):
1- Amendment in rule 45 (1) where goods are sent from one job worker to another then either principal or job worker can notify such movement to another job worker,
2- Rule 124 deals with " Appointment, salary, allowances and other terms and conditions of service of the Chairman and Members of the Authority" where in sub rule 4 & 5 the word "a" before person has been added which was earlier not available,
3- Rule 125 deals into "Secretary of the Authority" where additional director general of safeguards of the board was to be appointed as secretary which now worded to "An officer not below the rank of Additional Commissioner (working in the Directorate General of Safeguards) shall be the Secretary to the Authority.
"
4- Rule 127 which deals in "Duties of authority" clause (iv) has been added with the word "day" which was missing earlier.
5- Rule 129 which deals in "Initiation and conduct of proceedings" in sub-rule (6), for the words “as allowed by the Standing Committee”, the words “as may be allowed by the Authority” shall be substituted;
6- Rule 133 which deals in "Order of the Authority" a new sub rule (4) has been added,
7- Rule 134 which deals in "Decision to be taken by the majority" which has been completely amended,
8- Rule 137 which deals in "Tenure of Authority" an explanation in clause c has been added "c. any other person alleging, under sub-rule (1) of rule 128, that a registered person has not passed on the benefit of reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit to the recipient by way of commensurate reduction in prices.”
9- Rule 138 D which deals in " Facility for uploading information regarding detention of vehicle"an explanation has been inserted which is to be effective from 1 April 2018 " For the purposes of this Chapter, the expressions ‘transported by railways’, ‘transportation of goods by railways’, ‘transport of goods by rail’ and ‘movement of goods by rail’ does not include cases where leasing of parcel space by Railways takes place.
For reading full text of the notification please refer link - http://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification-14-2018-central_tax-English.pdf
1- Amendment in rule 45 (1) where goods are sent from one job worker to another then either principal or job worker can notify such movement to another job worker,
2- Rule 124 deals with " Appointment, salary, allowances and other terms and conditions of service of the Chairman and Members of the Authority" where in sub rule 4 & 5 the word "a" before person has been added which was earlier not available,
3- Rule 125 deals into "Secretary of the Authority" where additional director general of safeguards of the board was to be appointed as secretary which now worded to "An officer not below the rank of Additional Commissioner (working in the Directorate General of Safeguards) shall be the Secretary to the Authority.
"
4- Rule 127 which deals in "Duties of authority" clause (iv) has been added with the word "day" which was missing earlier.
5- Rule 129 which deals in "Initiation and conduct of proceedings" in sub-rule (6), for the words “as allowed by the Standing Committee”, the words “as may be allowed by the Authority” shall be substituted;
6- Rule 133 which deals in "Order of the Authority" a new sub rule (4) has been added,
7- Rule 134 which deals in "Decision to be taken by the majority" which has been completely amended,
8- Rule 137 which deals in "Tenure of Authority" an explanation in clause c has been added "c. any other person alleging, under sub-rule (1) of rule 128, that a registered person has not passed on the benefit of reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit to the recipient by way of commensurate reduction in prices.”
9- Rule 138 D which deals in " Facility for uploading information regarding detention of vehicle"an explanation has been inserted which is to be effective from 1 April 2018 " For the purposes of this Chapter, the expressions ‘transported by railways’, ‘transportation of goods by railways’, ‘transport of goods by rail’ and ‘movement of goods by rail’ does not include cases where leasing of parcel space by Railways takes place.
For reading full text of the notification please refer link - http://www.cbec.gov.in/resources//htdocs-cbec/gst/Notification-14-2018-central_tax-English.pdf
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