CGST (2nd Amendment) Rules 2019: CBIC Notification 16/2019 Central Tax

CGST (2nd Amendment) Rules 2019: CBIC Notification 16/2019 Central Tax

CBIC has amended various Rules and Forms prescribed under the CGST Rules, 2017, vide Notification No. 16/2019 Central Tax dt. 29 March 2019 (i.e. CGST 2nd Amendment Rules 2019). CGST Rules 41, 42, 43, 100 and 142 have been amended, whereas new CGST Rule 88A has been inserted. Further, certain Forms under CGST Rules have been amended, viz. DRC-01, DRC-03, DRC-07, DRC-08, ASMT-13, ASMT-15, ASMT-16, etc., in line with recommendations of 33rd/ 34th GST Council Meetings relating mainly to reduction of GST rates in housing sector. These amendments are applicable w.e.f. 1 April, 2019

CGST (Second Amendment) Rules 2019: CBIC Notification 16/2019 Central Tax dt. 29 March 2019

G.S.R. (E). – In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-

1. (1) These rules may be called the Central Goods and Services Tax (Second Amendment) Rules, 2019. (2) Save as otherwise provided in these rules, they shall come into force on the date of their publication in the official gazette. – (contd… please refer above attachment)

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