Central Tax Notifications

CGST Notification 16/2020

TitleSeeks to make third amendment (2020) to CGST Rules.

1) In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-

(1) These rules may be called the Central Goods and Services Tax (Third Amendment) Rules, 2020.

(2) Save as otherwise provided in these rules, they shall come into force on the date of their publication in the Official Gazette.

2) Rule 8Application for registration

3) Rule 9Verification of the application and approval

4) Rule 25Physical verification of business premises in certain cases

5) Rule 43Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases

6) Rule 80Annual return

7) Rule 86Electronic Credit Ledger

8) Rule 89Application for refund of tax, interest, penalty, fees or any other amount

9) Rule 92Order sanctioning refund

10) Rule 96Refund of integrated tax paid on goods or services exported out of India

11) Rule 96BRecovery of refund of unutilised input tax credit or integrated tax paid on export of goods where export proceeds not realised

12) Rule 141Procedure in respect of seized goods

With effect from 23rd March, 2020, in the said rules,following FORM GST RFD shall be inserted, namely