TaxTMI 
TaxTMI 
Amendment in Madhya Pradesh Goods and Services Taxes Rules, 2017
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....les,- 1. In rule 8, after sub-rule (4), the following sub-rule shall be inserted, namely :- "(4A) The applicant shall while submitting an application under sub-rule (4), with effect from 01-04-2020, undergo authentication of aadhaar number for grant of registration.". 2. In rule 9, in sub-rule (1), for the full stop, the colon shall be substituted and thereafter the following proviso shall be added, namely : - "Provided that where a person, other than those notified under sub-section (6D) of section 25, fails to undergo authentication of aadhaar number as specified in sub-rule (4A)of rule 8, then the registration shall be granted only after physi....
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....p; the date of the invoice for such goods: Provided that where any capital goods earlier covered under clause (a)is subsequently covered under this clause, input tax in respect of such capital goods denoted as 'A' shall be credited to the electronic credit ledger subject to the condition that the ineligible credit attributable to the period during which such capital goods were covered by clause (a), denoted as T', shall be calculated at the rate of five percentage points for every quarter or part thereof and added to the output tax liability of the tax period in which such credit is claimed: Provided further that the amount T' shall be computed separately for input ....
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....ed and thereafter the following proviso shall be added, namely :- "Provided that every registered person whose aggregate turnover during the financial year 2018-2019 exceeds five crore rupees shall get his accounts audited as specified under sub section (5) of section 35 and he shall furnish a copy of audited annual accounts and a reconciliation statement, duly certified in FORM GSTR-9C for the financial year 2018-2019, electronically through the common portal either directly or through a Facilitation Centre notified by the Commissioner.". 6. In rule 86, after sub-rule (4), the following sub-rule shall be inserted, namely :- "(4A) Where a registered perso....
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....oportionate to the amount debited in cash against the total amount paid for discharging tax liability for the relevant period, mentioning therein the amount adjusted against any outstanding demand under the Act or under any existing law and the balance amount refundable and for the remaining amount which has been debited from the electronic credit ledger for making payment of such tax, the proper officer shall issue FORM GST PMT-03 re-crediting the said amount as Input Tax Credit in electronic credit ledger.". (2) in sub-rule (4), after the words, brackets and figure "amount refundable under sub-rule (1)", the words, brackets, figure and letter "or sub-rule (1A)" shall be inserted.&nb....
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....of sale proceeds, along with applicable interest within thirty days of the expiry of the said period or, as the case may be, extended period, failing which the amount refund shall be recovered in accordance with the provisions of section 73 or 74 of the Act as the case may be, as is applicable for recovery of erroneous refund, along with interest under section 50: Provided that where sale proceeds, or any part thereof, in respect of such export goods are not realised by the applicant within the period allowed under the Foreign Exchange Management Act, 1999 (42 of 1999), but the Reserve Bank of India writes off the requirement of realisation of sale proceeds on ....