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of <h1>Central Government Amends GST Rules: Extends Compliance Deadlines, Updates Exchange Rates, Revises Input Tax Credit Rules.</h1> The Central Government has issued the Central Goods and Services Tax (Fourth Amendment) Rules, 2017, amending several provisions of the Central Goods and Services Tax Rules, 2017. Key changes include extending the deadline for certain compliance requirements, updating the method for determining exchange rates for taxable goods and services, and revising rules related to input tax credit and export invoices. The amendments also modify procedures for filing returns and adjust terminologies in various forms and rules. These amendments are effective from various dates, primarily from July 1, 2017, and are aimed at refining the GST framework.
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