CGST (8th Amendment) Rules, 2017 notified by CBEC

CBEC Notifies CGST (8th Amendment) Rules, 2017: Rules 24, 118, 119, 120 and 120A along with Form GST REG-29

The CBEC has notified the Central Goods and Services Tax (Eighth Amendment) Rules, 2017 to amend CGST Rules 24, 118, 119, 120 and 120A along with Form GST REG-29. These amendments have the effect of extension of timeline for cancellation of registration in cases not liable under GST, declaration in Form TRAN-1, etc. upto 120 days from the appointed date, as under:

CGST (8th Amendment) Rules 2017: CBEC Notification No. 36/2017 Central Tax dt. 29 Sept. 2017

G.S.R. 1214(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. These rules may be called the Central Goods and Services Tax (Eighth Amendment) Rules, 2017.

2. In the Central Goods and Services Tax Rules, 2017, –

(i) in rule 24, in sub-rule (4), for the figures, letters and word, “30th September”, the figures, letters and word “31st October” shall be substituted;

(ii) in rule 118, for the words “a period of ninety days of the appointed day”, the words and figures “the period specified in rule 117 or such further period as extended by the Commissioner” shall be substituted;

(iii) in rule 119, for the words “ninety days of the appointed day”, the words and figures “the period specified in rule 117 or such further period as extended by the Commissioner” shall be substituted;

(iv) in rule 120, for the words “ninety days of the appointed day”, the words and figures “the period specified in rule 117 or such further period as extended by the Commissioner” shall be substituted;

(v) in rule 120A, the marginal heading “Revision of declaration in FORM GST TRAN-1” shall be inserted;

(vi) in FORM GST REG-29, –

(a) for the heading, “APPLICATION FOR CANCELLATION OF PROVISIONAL REGISTRATION”, the heading, “APPLICATION FOR CANCELLATION OF REGISTRATION OF MIGRATED TAXPAYERS” shall be substituted;

(b) under sub-heading PART-A, against item (i), for the word and letters “Provisional ID”, the letters “GSTIN” shall be substituted.

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. 34/2017-Central Tax, dated the 15th September, 2017, published vide number G.S.R 1165(E), dated the 15th September, 2017.

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