Tag Archives: GST Rules Issue

Redraft Rule 2 of GST E way Bill – Documents & devices carried by conveyance incharge : ICAI – GST Rules Issue 48

By | May 11, 2017

Documents and devices to be carried by a person-in-charge of a conveyance ( Refer Draf GST E way Bill ) Issue When invoice is already issued, issuance of e-way bill increases the compliance at the time of removal of goods. This is not in line with ease of doing business. Hence, comprehensive suggestion is made… Read More »

Redraft entire Rule 1 of GST e-way bill rules : ICAI – GST Rules Issue 47

By | May 11, 2017

 E-Way Bill required to be simplified Rule 1 (Draft GST E-Way Bill Rules ) requires the use of e-Way bill for all removals including those involving supply. Issue When invoice is already issued, issuance of e-way bill increases the compliance at the time of removal of goods. This is not in line with ease of… Read More »

Cross-references rule number incorrect in Rule 2 GST return rules : ICAI – GST Rules Issue 46

By | May 11, 2017

 Cross-references rule number incorrect Rule 2(5) of draft GST return rules refers to ISD invoice ‘…. issued under rule 7….” However, there appears to be an error as ISD invoice is referred in rule 6 and not 7 Suggestion It is suggested that said rule be amended by making the reference to “rule 6”instead of… Read More »

Provide for delay in filing hardcopy of appeal – in Rule 4 GST Appeals & Revision Rules : ICAI – GST Rules Issue 45

By | May 11, 2017

Consequence of delay in filing hardcopy of appeal Rule 4(2) of the draft GST Appeals & Revision Rules requires filing of hardcopy of appeal within 7 days. But the said rules does not provide for the consequences of delay in filing of an appeal. Issue There may be bona fide reasons for not filing with… Read More »

Provide time limit for issuing Order sanctioning refund – Rule 4 GST Refund Rules : ICAI – GST Rules Issue 43

By | May 11, 2017

Time Limit for Issuing Order sanctioning refund Rule 4 of draft GST Refund Rules provides for the order sanctioning refunds in FORM GST RFD-06 (approval of refund), FORM GST RFD-07 (adjustment of refund against existing demand) & FORM GST RFD-08 (refund not admissible). However, the time limit for issuing these forms by proper officer has… Read More »

Delete Rule 3(1)(c) GST Refund – refund not released due to pending appeal : ICAI – GST Rules Issue 42

By | May 11, 2017

 Appeal on account of refund pending Clause c of Rule 3(1) of draft GST Refund Rules provide that provisional refund may be granted subject to condition that no proceedings of any appeal, review or revision is pending on any of the issues which form the basis of the refund and if pending, the same has… Read More »

Provide time limit for issuing FORM GST RFD-03 under Rule 2 GST Refund Rules : ICAI – GST Rules Issue 41

By | May 11, 2017

Time Limit for communicating deficiencies in form GST RFD-03 by proper officer Rule 2(3) of the draft GST Refund Rules provide that where any deficiencies are noticed, the proper officer shall communicate the deficiencies to the applicant in FORM GST RFD-03 through the Common Portal electronically, requiring him to file a refund application after rectification… Read More »

Remove Drafting anomaly in Rule 4 GST Refund Rules – ICAI – GST Rules Issue 40

By | May 11, 2017

Drafting anomaly in Rule 4 Sub rule 3 of Rule 4 of draft GST Refund Rules provide that “where the proper officer is satisfied that the amount refundable under sub rule (1) and sub rule (2) is payable to the applicant under subsection (8) of Section 48, he shall make an order………” Section 48 relates to… Read More »

Modify rule 8 of GST Tax Invoice for Transportation of Goods in semi-knocked down or completely knocked down condition – ICAI – GST Rules Issue 39

By | May 11, 2017

Transportation of Goods in a semi-knocked down or completely knocked down condition Rule 8(5) of Tax invoice, Credit and Debit Notes provides that where the goods are being transported in a semi knocked down or completely knocked down condition, a) the supplier shall issue the complete invoice before dispatch of the first consignment; b) the… Read More »

Consider tax invoice by construction industry as Special Case under rule 7 of Tax Invoice – ICAI – GST Rules Issue 38

By | May 11, 2017

Invoice issued by construction industry not considered as a special case It is suggested that tax invoice issued by construction industry be included as a special case under Rule 7  ( Draft GST Tax Invoice Rules , Credit and Debit Notes Rules ) , particularly where R/A bills are issued. Because of its inherent nature prone to… Read More »