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    <title>FinMin starts notifying provisions of GST acts, amends rules</title>
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    <description>Notification of provisions under the CGST, IGST and UTGST Acts establishes rules effective from rollout for interest on delayed tax payments and on excess input tax credit claims, interest where refunds are withheld, invoicing, records, returns, payment, refund, assessment and audit. IGST notifications address specified refunds and bar refunds of unutilised input tax credit for certain supplies. The composition scheme is notified with turnover-based levy categories and specified exclusions; CGST Rule amendments address anti-profiteering, e-way rules, transitional provisions and registration cancellation for anti-profiteering breaches.</description>
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