CBIC Issued Central Goods and Services Tax (Amendment) Rules, 2024

The Central Board of Indirect Taxes and Customs (CBIC) has issued the Central Goods and Services Tax (Amendment) Rules, 2024. These amendments include updates to the existing GST rules, aimed at improving compliance and streamlining processes. The changes encompass various procedural adjustments and clarifications to facilitate better understanding and implementation of GST provisions.

The key changes are Insertion of new Form GSTR-1A for furnishing additional details or amendments of the details of outward supply and corresponding changes have been made in various CGST Rules to consider the details of Form GSTR-1A along with the details furnished in Form GSTR-1. A new procedure under Rule 95B for the refund of tax paid on inward supplies of goods received by the Canteen Stores Department (CSD).

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