The Central Board of Indirect taxes & Customs (CBIC) has notified 24th September 2019 as effective date for the amended provisions of rules 10, 11, 12 and 16 of Central Goods and Service Tax (Fourth Amendment) Rules, 2019.
CBIC in its previous notification dated 28th June 2019 had brought in the Central Goods and Services Tax (Fourth Amendment) Rules, 2019. Amendment in Rules 26, 91, 92 and 94 of Central Goods and Service Tax Rules, 2017 has come into force by this notification.
The amended Rules which have been notified are:
- Amendment in Rule 91(3), which relates to provision of grant of provisional refund.
- Amendment in Rule 92 which refers to order by proper officer for sanctioning the amount of refund and inserts sub-rule (4A).
- Amendment in Rule 94 which refers to Order by proper office for sanctioning interest on delayed refunds.
- Amendment in FORM GST RFD-05 which specifies Order of Rejection of Application for Registration or amendment or cancellation.
In all these Rules, word “Payment advice” has been substituted by “payment order”. It means that the Proper Officer will issue payment order instead of payment advice for GST refunds from 24th September, 2019.
Click here to read the notification.
Click here to read amendment.
