https://www.taxtmi.com/notifications?id=125426 The amendment prescribes a formula for refunds under an inverted duty structure defining Net ITC and Adjusted Total Turnover, establishes a Consumer Welfare Fund with audit and Standing Committee governance, enumerates committee powers and meeting procedures, revises capital goods valuation in FORM GST ITC-03 to a monthly 1/60th reduction, inserts FORM GSTR-10 for final return on cancellation with stock and tax reconciliation, and substitutes FORM GST DRC-07 for standardized summary of orders. en-us Thu, 10 May 2018 00:00:00 +0530 Wed, 23 May 2018 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=125426 The amendment prescribes a formula for refunds under an inverted duty structure defining Net ITC and Adjusted Total Turnover, establishes a Consumer Welfare Fund with audit and Standing Committee governance, enumerates committee powers and meeting procedures, revises capital goods valuation in FORM GST ITC-03 to a monthly 1/60th reduction, inserts FORM GSTR-10 for final return on cancellation with stock and tax reconciliation, and substitutes FORM GST DRC-07 for standardized summary of orders. Notifications GST - States Thu, 10 May 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125426