The Central Government has notified Central GST (Fourth amendment) Rules 2017.
As per the above amendment, the following are the latest amendments in GST
- Earlier, the last date for migration of the persons registered under existing law (VAT/Service Tax/Excise) was 30 days from the roll out of GST. This date has been extended upto 30th September 2017 as per this notification.
- It further amends the rate of exchange (in case of foreign exchange) of curreny other than Indian Rupees, for determination of value
The relevant notification is produced below :
[gview file=”http://bssridhar.com/blog/wp-content/uploads/2017/07/GST-Amendment-Rules.pdf”]