https://www.taxtmi.com/notifications?id=125890 The amendment revises the inverted duty refund provision with a specified formula using Turnover of inverted-rated supplies, Net ITC and Adjusted Total Turnover; establishes a Consumer Welfare Fund with sources, a Standing Committee, defined powers, applicant eligibility and audit oversight; prescribes capital goods valuation reduced by one sixtieth per month for ITC reversal; inserts GSTR-10 Final Return with stock and reversal details; and substitutes FORM GST DRC-07 for order summaries. en-us Fri, 04 May 2018 00:00:00 +0530 Wed, 18 Jul 2018 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=125890 The amendment revises the inverted duty refund provision with a specified formula using Turnover of inverted-rated supplies, Net ITC and Adjusted Total Turnover; establishes a Consumer Welfare Fund with sources, a Standing Committee, defined powers, applicant eligibility and audit oversight; prescribes capital goods valuation reduced by one sixtieth per month for ITC reversal; inserts GSTR-10 Final Return with stock and reversal details; and substitutes FORM GST DRC-07 for order summaries. Notifications GST - States Fri, 04 May 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125890