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Taxation Central Ministry of Finance Central Goods and Services Tax Act, 2017

CBIC notifies the Central Goods and Services Tax (Second Amendment) Rules, 2023

04-Aug-2023 | No. 38/2023 - Central Tax

CBIC has issued the Central Goods and Services Tax (Second Amendment) Rules, 2023 by amending the provisions of the Central Goods and Services Tax Rules, 2017 effective from 4th August 2023. The Highlights of the amendment are: 1. Modification in Rule 9(1) eliminating the word "in the presence of the said person". Now, this Rule shall be read as the registration shall be granted within thirty days of submission of application, after physical verification of the place of business. 2. Modification in Rule 10A stating that the information must be furnished within a period of thirty days from the date of grant of registration, or before furnishing the details of outward supplies of goods or services or both under Section 37 in Form GSTR-1. 3. Modification in Rule 23 stating that the application for revocation of cancellation of registration shall be submitted within a period of ninety days from the date of the service of the order. Previously, the time limit was of thirty days. 4. Introduction of procedures and timelines for the physical verification of business premises in specific scenarios under Rule 25. 5. Modification in Rule 46(f) stating to provide the "name of the state of the recipient and the same shall be deemed to be the address on record of the recipient". Previously, it was "name and address of the recipient and the address of delivery, along with the name of the State and its code.."

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