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

Haryana Goods and Services Tax (Fifth Amendment) Rules, 2023

15-Nov-2023 | 68/GST-2

Government of Haryana has made several amendments to the Haryana Goods and Services Tax Rules, 2017, through the Haryana Goods and Services Tax (Fifth Amendment) Rules, 2023, effective from 26th October 2023. The key highlights of the amendment are:

1. Rule 28 Amendment:
a. Rule 28 is renumbered as sub-rule (1).
b. A new sub-rule (2) is added. According to this sub-rule, the value of the supply of services by a supplier to a related person, involving the provision of a corporate guarantee to a banking company or financial institution on behalf of the recipient, is deemed to be one percent of the amount of such guarantee offered or the actual consideration, whichever is higher.

2. Rule 142 Amendment: In rule 142, sub-rule (3) is modified. The words proper officer shall issue an order are replaced with proper officer shall issue an intimation.

3. Rule 159 Amendment: In rule 159, sub-rule (2) is amended to include the following: or on expiry of a period of one year from the date of issuance of the order under sub-rule (1), whichever is earlier.

4. FORM GST REG-01 Amendment: In FORM GST REG-01, in PART-B, after clause (xiv), a new clause (xiva) is added: One Person Company.

5. FORM GST REG-08 Amendment: FORM GST REG-08 is substituted with a new form.

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