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of <h1>Punjab GST Rules Amended: New Compliance Timelines, Input-Tax Credit Adjustments, and Intra-State Goods Movement Provisions.</h1> The Punjab Goods and Services Tax (First Amendment) Rules, 2024, introduces several modifications to the existing Punjab GST Rules, 2017. Key changes include adjustments to the timelines for compliance, such as reducing the period for furnishing bank account details post-registration to 30 days. Amendments address discrepancies in input-tax credit claims, allowing for electronic intimation and resolution. The rules also streamline procedures for registration suspension due to non-compliance and introduce new provisions for intra-state movement of goods like gold. Additionally, the amendments update forms and instructions to reflect these changes, ensuring better compliance and governance under the Punjab GST framework.
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