New Delhi: The Central Board Of Indirect Taxes And Customs (CBIC) has actually made modification in regulations referring to Central Goods and Services Tax Rules, 2017.
New Rules Applicable From Which Date?
In a round provided on 27 May 2025, the CBIC claimed that these regulations might be called the Central Goods and Services Tax (Second Amendment) Rules, 2025 and will enter into pressure on the day of their magazine in theOfficial Gazette
“No refund shall be available for any tax, interest, and penalty, which has already been discharged for the entire period, prior to the commencement of the Central Goods and Services Tax (Second Amendment) Rules, 2025, in cases where a notice or statement or order mentioned in sub-section (1) of section 128A, includes a demand of tax, partially for the period mentioned in the said sub-section and partially for a period other than mentioned in the said sub-section,” CBIC round claimed.
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.(* )regulation 164, in sub-rule 7, after the very first clause, the adhering to clause will be placed, particularly
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even more that where the notification or declaration or order pointed out in sub-section( 1 ) of area 128A of the Provided consists of need of tax obligation, partly through pointed out in the claimed sub-section and partly through besides that pointed out in the claimed sub-section, the candidate rather than taking out the allure, will intimate the appellate authority or Act that he does not desire to seek the allure through pointed out in the claimed sub-section and the pertinent authority shall, after making note of the claimed demand, pass such order through besides that pointed out in the claimed sub-section, as he assumes simply and correct.”
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.Appellate Tribunal the elimination of uncertainty, CBIC has actually made clear that the allure application will be regarded to have actually been taken out for the claimed intimation through from the first
For, 2017 to the 31st July, 2020 or component thereof, for the function of sub-clause (3) of area 128A.
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March
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