CGST (10th Amendment) Rules, 2018 notified by CBIC

CBIC notifies the CGST (10th Amendment) Rules, 2018. New Form GSTR-9C (Reconciliation Statement with Form of GST Audit Report/ Certificate) has been inserted/ introduced.

It may be noted that Form GSTR 9C is used for Normal GST Audit/ Certification by a Chartered Accountant or a Cost Accountant, in view of requirements under the GST law, i.e. every registered person whose aggregate turnover during a financial year exceeds two crore rupees has to get his audit conducted and has to furnish a copy of audited annual accounts and a duly certified reconciliation statement in FORM GSTR-9C.

However, various stakeholders have demanded/ submitted proposals to enhance the threshold limit of GST Audit/ Certification from Rs. 2 Crores to Rs. 10 Crores for the sake of ‘ease of doing business’, which are under consideration/ review of the GST Council.

CBIC Central Tax Notification 49/2018 dt. 13/09/2018: CGST (10th Amendment) Rules, 2018

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 (Tenth Amendment) Rules, 2018.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the FORMS to the Central Goods and Services Tax Rules, 2017, after FORM GSTR 9A, the following shall be inserted, namely:- (contd.. please refer above attachment)

[F. No. 349/58/2017-GST (Pt.)]

Note:- The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification No. 3/2017 Central Tax, dated the 19th June, 2017, published vide number G.S.R 610 (E), dated the 19th June, 2017 and last amended vide notification No. 48/2018 Central Tax, dated the 10th September, 2018, published vide number G.S.R 859 (E), dated the 10th September, 2018.

CGST (11th Amendment) Rules, 2018 notified by CBIC

CBIC Updates (GST)
GST Circulars, Notifications, Press Releases, Orders, etc. issued by the Central Board of Indirect Taxes & Customs (CBIC) in different years, along with Section-wise/ Rule-wise Text of GST Acts/ Rules:
CGST: CGST Act/ Definitions, CGST Rules
IGST: IGST Act/ Definitions, IGST Rules
UTGST: UTGST Act/ Definitions, UTGST Rules
CBIC Circulars (CGST/ IGST/ UTGST): 2021, 2020, 2019, 2018, 2017
CBIC Central Tax (CGST) Notifications: 2021, 2020, 2019, 2018, 2017
CBIC Central Tax Rate (CGST Rate) Notifications: 2020, 2019, 2018, 2017
CBIC Integrated Tax (IGST) Notifications: 2020, 2019, 2018, 2017
CBIC Integrated Tax Rate (IGST Rate) Notifications: 2020, 2019, 2018, 2017
CBIC UT Tax (UTGST) Notifications: 2020, 2019, 2018, 2017
CBIC UT Tax Rate (UTGST Rate) Notifications: 2020, 2019, 2018, 2017
CBIC Compensation Cess Notifications: 2020, 2019, 2018, 2017
CBIC Compensation Cess Rate Notifications: 2020, 2019, 2018, 2017
CBIC Orders (CGST/ IGST/ UTGST): 2020, 2019, 2018, 2017
CBIC Press Releases: 2020, 2019, 2018, 2017
Note: For Official/ updated copy, please visit the CBIC website.

Leave a Reply