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Central Goods and Services Tax (Fifth Amendment) Rules
CBEC has released Central Goods and Services Tax (Fifth Amendment) Rules, 2017 via 'Notification No 22/2017 – Central Tax' on 17th August 2017 for amending certain CGST Rules. Following are the major highlights from the notification:

1. Rule 3: Intimation for composition levy

Under sub-rule (4), originally the time limit for furnishing stock details in GST CMP – 03 was sixty days from the date of opting Composition Scheme by any person. Such time limit has been extended to ninety days.

2. Rule 17: Assignment of Unique Identity Number to certain special entities

Under sub-rule (2), the proper officer now may also assign Unique Identity Number after receiving a recommendation from the Ministry of External Affairs, Government of India and issue a certificate in FORM GST REG-06. The said provision has been made applicable with effect from the 22nd June, 2017.

3. Rule 40: Manner of claiming credit in special circumstances

Under sub-rule (1), clause (b), now the Commissioner may notify to extend the period for making a declaration in form GST ITC-01 beyond the original period of 30 days. Provided that any extension of the time limit notified by the Commissioner of State tax or the Commissioner of Union territory tax shall be deemed to be notified by the Commissioner. The same has been made effective from 1st July, 2017.

4. A new Rule 44A: 'Manner of reversal of credit of Additional duty of Customs in respect of Gold dore bar' has been inserted in CGST Rules 2017.

5. Rule 87: Electronic Cash Ledger

• Under sub-rule (2), Challan in FORM GST PMT-06 generated at the common portal shall be valid for a period of fifteen days.

• Also under sub-rule (2), for a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient, Board has also provided facility to make a deposit through the Board's payment system namely, Electronic Accounting System in Excise and Service Tax from the date to be notified by the Board.

• Under sub-rule (3), second proviso has been substituted through which board allows a person supplying online information and database access or retrieval services from a place outside India to a non-taxable online recipient to make the deposit under sub-rule (2) through international money transfer through Society for Worldwide Interbank Financial Telecommunication payment network, from the date to be notified by the Board.

6. Under Rule 103, the Government shall appoint officers not below the rank of Joint Commissioner as the member of the Authority for Advance Ruling.

7. Further, the board has waived off Government departments applying for registration as suppliers from furnishing Bank Account details.

8. Certain amendments in 'Form GST REG-13' i.e. Application/Form for grant of Unique Identity Number (UIN) to UN Bodies/ Embassies /others, has been brought with effect from the 22nd June, 2017, the format of which has been released by the board.

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