https://www.taxtmi.com/notifications?id=125419 The amendment prescribes a formula for refunds on inverted duty structure with definitions of Net ITC and Adjusted Total Turnover; establishes a Consumer Welfare Fund with audit and Standing Committee governance, procedural powers, applicant eligibility and grant/investment rules; mandates capital goods valuation in ITC-03 by reducing invoice value by one-sixtieth per month; inserts FORM GSTR-10 for final return on cancellation; and substitutes FORM GST DRC-07 for standardized order summaries. en-us Wed, 18 Apr 2018 00:00:00 +0530 Tue, 22 May 2018 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=125419 The amendment prescribes a formula for refunds on inverted duty structure with definitions of Net ITC and Adjusted Total Turnover; establishes a Consumer Welfare Fund with audit and Standing Committee governance, procedural powers, applicant eligibility and grant/investment rules; mandates capital goods valuation in ITC-03 by reducing invoice value by one-sixtieth per month; inserts FORM GSTR-10 for final return on cancellation; and substitutes FORM GST DRC-07 for standardized order summaries. Notifications GST - States Wed, 18 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125419