https://www.taxtmi.com/notifications?id=125420 The amendment prescribes a formula for refund of input tax credit on inverted duty supplies, defines Net ITC and retains Adjusted Total Turnover; establishes a Consumer Welfare Fund with specified credits, audit by the Comptroller and Auditor General, and a Standing Committee empowered to regulate registration, inspect applicants, audit accounts, require repayment or recovery, recommend grants and investments and set guidelines; and revises FORM GST ITC-03 (capital goods depreciation), FORM GSTR-10 (final return content and filing instructions) and FORM GST DRC-07 (order summary). en-us Thu, 03 May 2018 00:00:00 +0530 Wed, 23 May 2018 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=125420 The amendment prescribes a formula for refund of input tax credit on inverted duty supplies, defines Net ITC and retains Adjusted Total Turnover; establishes a Consumer Welfare Fund with specified credits, audit by the Comptroller and Auditor General, and a Standing Committee empowered to regulate registration, inspect applicants, audit accounts, require repayment or recovery, recommend grants and investments and set guidelines; and revises FORM GST ITC-03 (capital goods depreciation), FORM GSTR-10 (final return content and filing instructions) and FORM GST DRC-07 (order summary). Notifications GST - States Thu, 03 May 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125420