India’s Central Board of Excise and Customs has published draft and revised rules in relation to the upcoming GST regime, which is to be implemented 1 July 2017. The draft rules include:

• Composition Rules;
• Valuation Rules;
• Transition Rules;
• Input Tax Credit (ITC) Rules;
• Revised Invoice Rules;
• Revised Payment Rules;
• Revised Refund Rules;
• Revised Registration Rules; and
• Revised Return Rules.

C…