GST Updates April 2018

Central Government vide Notification No. 12/2018 Central Tax, dated 07.03.2018 amends Central Goods and Service Tax Rules, 2017 as under:

1. Due date of filing GST TRAN 2 for each of the six tax periods during which the scheme is in operation indicating therein, the details of supplies of such goods effected during the tax period is extended to 31.03.2018.
2. Substituted E-bill rules in CGST Rules. Rule 138 – Information to be furnished prior to commencement of movement of goods and generation of e-way bill; Rule 138A – Documents and devices to be carried by a person-in-charge of a conveyance; Rule 138B – Verification of documents and conveyances; Rule 138C – Inspection and verification of goods; Rule 138D – Facility for uploading information regarding detention of vehicle.
3. Declaration to Form GST RFD-1 is substituted w.e.f. 07.03.2018.

Central Government vide Notification No. 13/2018 Central Tax, dated 07.03.2018 restore original fees u/s. 47 of the CGST Act, for late filing of return GSTR 5A by a registered person who fails to furnish the details of supplies of online information and database access or retrieval services by a person located outside India made to non-taxable persons in India by the due date shall pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum amount of five thousand rupees.