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.
Click the following link for the draft GST rules page for details of each. Comments, if any, may be …