The Central Board of Indirect Taxes and Customs (CBIC) on October 08, 2024, issued the Central Goods and Services Tax (Second Amendment) Rules, 2024, to further amend the Central Goods and Services Tax Rules, 2017.
This shall come into force on October 08, 2024.
The following has been stated namely: -
• Rule 36 - Documentary requirements and conditions for claiming input tax credit, in sub-rule (3), after the words “suppression of facts”, the words and figures “under section 74” shall be inserted.
• Rule 66 - Form and manner of submission of return by a person required to deduct tax at source, in sub-rule (1), after the word, letters and figure “FORM GSTR-7”, the words “, on or before the tenth day of the month succeeding the calendar month,” shall be inserted with effect from the 1st day of November, 2024.
• After rule 163, a new rule shall be inserted with effect from the 1st day of November, 2024, namely: - “164. Procedure and conditions for closure of proceedings under section 128A in respect of demands issued under section 73”.
Refer to the attached document for detailed notification.
[Notification no. - 20/2024 – Central Tax]
