https://www.taxtmi.com/notifications?id=130242 Amendments to JK GST Rules, 2017 revise valuation and refund mechanisms, including deeming certain added amounts as paid for value purposes under rule 37, extending a statutory period to eighteen months in rule 83, and substituting a formula in rule 89 for refunds of input tax credit on inverted duty structure-defining Net ITC and Adjusted Total Turnover. Additional amendments require inward supplies to be received against tax invoices, mandate deposit of fifty per cent of certain cess into the Fund, expand enforcement remedies for failure to pass on tax benefits, and update forms and annexures related to refund and practitioner registration. en-us Thu, 14 Jun 2018 00:00:00 +0530 Tue, 16 Jul 2019 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130242 Amendments to JK GST Rules, 2017 revise valuation and refund mechanisms, including deeming certain added amounts as paid for value purposes under rule 37, extending a statutory period to eighteen months in rule 83, and substituting a formula in rule 89 for refunds of input tax credit on inverted duty structure-defining Net ITC and Adjusted Total Turnover. Additional amendments require inward supplies to be received against tax invoices, mandate deposit of fifty per cent of certain cess into the Fund, expand enforcement remedies for failure to pass on tax benefits, and update forms and annexures related to refund and practitioner registration. Notifications GST - States Thu, 14 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130242