https://www.taxtmi.com/notifications?id=125432 The amendment prescribes a formula for refund on account of inverted duty structure defining "Net ITC" and "Adjusted Total Turnover"; establishes a Consumer Welfare Fund with specified crediting, a Standing Committee with powers to vet applicants, audit accounts, impose recovery and prosecution for misuse, and recommend grants and investments; and updates forms, including capital goods depreciation in ITC-03, insertion of FORM GSTR-10 for final return on cancellation, and substitution of FORM GST DRC-07 for order summaries. en-us Wed, 18 Apr 2018 00:00:00 +0530 Mon, 06 Aug 2018 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=125432 The amendment prescribes a formula for refund on account of inverted duty structure defining "Net ITC" and "Adjusted Total Turnover"; establishes a Consumer Welfare Fund with specified crediting, a Standing Committee with powers to vet applicants, audit accounts, impose recovery and prosecution for misuse, and recommend grants and investments; and updates forms, including capital goods depreciation in ITC-03, insertion of FORM GSTR-10 for final return on cancellation, and substitution of FORM GST DRC-07 for order summaries. Notifications GST - States Wed, 18 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125432