Kerala GST rules amended: unique enrolment for multi state transporters, inverted duty refund formula, and Consumer Welfare Fund provisions. The Rules amend Kerala GST procedures to introduce a unique common enrolment number for multi state transporters via FORM GST ENR 02; prescribe a formula and definitions for refunds due to inverted duty structure; require inward supplies be received against tax invoices for certain claims; and establish a Consumer Welfare Fund with specified funding, CAG audit, a Standing Committee empowered to evaluate applications, make grants, require audits and recover misused funds. The amendments also standardise anti profiteering nomenclature and empower the Authority to order price reductions, refunds with interest, deposits to consumer funds, penalties and cancellation of registration.
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Kerala GST rules amended: unique enrolment for multi state transporters, inverted duty refund formula, and Consumer Welfare Fund provisions.
The Rules amend Kerala GST procedures to introduce a unique common enrolment number for multi state transporters via FORM GST ENR 02; prescribe a formula and definitions for refunds due to inverted duty structure; require inward supplies be received against tax invoices for certain claims; and establish a Consumer Welfare Fund with specified funding, CAG audit, a Standing Committee empowered to evaluate applications, make grants, require audits and recover misused funds. The amendments also standardise anti profiteering nomenclature and empower the Authority to order price reductions, refunds with interest, deposits to consumer funds, penalties and cancellation of registration.
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