**Executive Summary:**
This notification from the Ministry of Finance amends the Central Goods and Services Tax Rules, 2017. It includes changes to rules regarding the due date for specific compliances, the rate of exchange for currency determination, input tax credit calculations, invoice details for exports, and return furnishing procedures. Several amendments are effective from July 1, 2017, while one relates to an earlier deadline in September 2017.
**Key Points / Main Content:**
* **General**
* These rules are called the "Central Goods and Services Tax Fourth Amendment Rules, 2017."
* Amendments are effective from the date of publication in the Official Gazette unless otherwise specified.
* **Rule 24 Amendment (Effective July 22, 2017):**
* The deadline for certain actions is extended to September 30, 2017.
* **Rule 34 Amendment:**
* A new rule 34 is substituted relating to the rate of exchange of currency for determination of value.
* The exchange rate for taxable goods will be as notified by the Board under Section 14 of the Customs Act, 1962, for the date of the time of supply as per Section 12 of the Act.
* The exchange rate for taxable services will be as determined by generally accepted accounting principles for the date of the time of supply as per Section 13 of the Act.
* **Rule 44 Amendment (Effective July 1, 2017):**
* Sub-rules 2 and 3 are substituted.
* The amount specified in sub-rule 1 must be determined separately for input tax credit of central tax, state tax, union territory tax, and integrated tax.
* If tax invoices for inputs held in stock are unavailable, the registered person should estimate the amount under sub-rule 1 based on the prevailing market price on the effective date of specified events in Section 18(4) or Section 29(5).
* **Rule 46 Amendment:**
* The third proviso is substituted.
* For exports of goods or services, the invoice must carry a specific endorsement related to exports/SEZ supply, with or without payment of integrated tax and include the recipient's name, address, delivery address, and country of destination instead of clause e details.
* **Rule 61 Amendment (Effective July 1, 2017):**
* Sub-rule 5 is substituted.
* The Commissioner may specify that returns be furnished in FORM GSTR-3B electronically through the common portal if the deadline for furnishing details in FORM GSTR-1 and FORM GSTR-2 has been extended.
* Details are provided regarding the electronic generation of Part A and Part B of FORM GSTR-3 based on information from FORM GSTR-1, FORM GSTR-2, FORM GSTR-3B, and other liabilities.
* The registered person shall modify Part B of the return in FORM GSTR3 based on discrepancies between the return in FORM GSTR3B and the return in FORM GSTR3 and discharge his tax and other liabilities, if any.
* If the input tax credit in FORM GSTR-3 exceeds the amount in FORM GSTR-3B, the additional amount will be credited to the electronic credit ledger.
* **Rule 83 Amendment (Effective July 1, 2017):**
* In sub-rule 3, the word "subsection" is replaced with "subrule."
* **Rule 89 Amendment (Effective July 1, 2017):**
* In sub-rule 4, in clause E, the word "subsection" is replaced with "clause."
* **FORM GST TRAN-1 Amendment (Effective July 1, 2017):**
* In Sl. No. 7, in Table a, the heading of column 2 is replaced with "HSN as applicable."
* **FORM GST TRAN-2 Amendment (Effective July 1, 2017):**
* In Sl. No. 4 and 5, in the Table, the heading of column 1 is replaced with "HSN as applicable."
**Impact Analysis**
* **Registered Taxpayers:**
* *Impact:* Changes in rules related to input tax credit calculation, invoice requirements for exports, and procedures for furnishing returns will directly affect compliance processes.
* *Action Required:* Update systems and processes to reflect changes in invoice requirements, input tax credit calculations, and return filing procedures, including the use of FORM GSTR-3B where applicable.
* **Tax Authorities (Commissioners):**
* *Impact:* The amendment grants the Commissioner the authority to specify the use of FORM GSTR-3B for return furnishing.
* *Action Required:* Determine the circumstances under which FORM GSTR-3B should be used and issue notifications accordingly.
* **Central Board of Excise and Customs (CBEC):**
* *Impact:* The CBEC is responsible for notifying the applicable exchange rates for determining the value of taxable goods.
* *Action Required:* Ensure timely notification of exchange rates under Section 14 of the Customs Act, 1962.
* **Goods and Services Tax Network (GSTN):**
* *Impact:* Changes in return filing procedures and form specifications require updates to the GST portal.
* *Action Required:* Implement necessary changes to the GST portal to accommodate the use of FORM GSTR-3B and the updated form specifications for GST TRAN-1 and GST TRAN-2.
Key Entities Referenced
Central Goods and Services Tax Act, 2017: A tax law in India, referenced as the basis for the rules being amended.
Central Goods and Services Tax Rules, 2017: The set of rules being amended by this notification.
Central Goods and Services Tax Fourth Amendment Rules, 2017: The name of the amendment to the Central Goods and Services Tax Rules, 2017.
Customs Act, 1962: Indian legislation related to customs duties, used for determining the rate of exchange for valuation of taxable goods.
Central Board of Excise and Customs: The issuing authority of the notification, under the Department of Revenue, Ministry of Finance.
FORM GSTR1: A form for furnishing details under section 37 of the CGST Act.
FORM GSTR2: A form for furnishing details under section 38 of the CGST Act.
FORM GSTR3B: A form for furnishing returns electronically when the time limit for GSTR1 and GSTR2 is extended.
jftLVªh laö Mhö ,yö&33004@99
REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (i)
PART II—Section 3—Sub-section (i)
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 664] ubZ fnYyh] c`gLifrokj] tqykbZ 27] 2017@Jko.k 5] 1939
No. 664] NEW DELHI, THURSDAY, JULY 27, 2017/SRAVANA 5, 1939
िव(cid:7275) म(cid:7074)ं ालय
(राजस्व िवभाग)
(क(cid:7286)(cid:7076)ीय उत्पाद और सीमाशुल्क बोडर्)
अिधसूचना
नई िदल्ली, 27 जुलाई, 2017
सं. 17/2017-क(cid:7286)(cid:7076)ीय कर
सा.का.िन. 965(अ).—केन्(cid:7076)ीय सरकार, क(cid:7286)(cid:7076)ीय माल और सेवाकर अिधिनयम, 2017 (2017 का 12) की धारा 164
(cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते हुए क(cid:7286)(cid:7076)ीय माल और सेवाकर िनयम, 2017 का और संशोधन करने के िलए िन(cid:7388)िलिखत
िनयम बनाती ह,ै अथार्त् :—
1. (1) इन िनयम(cid:7298) का संिक्ष(cid:7385) नाम क(cid:7286)(cid:7076)ीय माल और सेवाकर (चौथा संशोधन) िनयम, 2017 ह ै।
(2) अन्यथा उपबंिधत के िसवाय वे राजप(cid:7074) म(cid:7286) (cid:7079)काशन की तारीख को (cid:7079)वृ(cid:7275) ह(cid:7298)गे ।
2. क(cid:7286)(cid:7076)ीय माल और सेवाकर िनयम, 2017 म(cid:7286),--
(i) 22 जुलाई, 2017 से, िनयम 24 के उपिनयम (4) म,(cid:7286) “िनयत तारीख से तीस िदन की अविध के भीतर”
शब्द(cid:7298) के स्थान पर, “30 िसतंबर, 2017 को या उससे पूवर्” अंक और शब्द रखे जाएंगे ;
(ii) िनयम 34 के स्थान पर िन(cid:7388)िलिखत रखा जाएगा, अथार्त :--
“34. मल्ू य के अवधारण के िलए भारतीय रुपए स े िभ(cid:7382) म(cid:7076)ु ा के िविनमय की दर—(1) कराधेय माल के
मूल्य का अवधारण करने के िलए िविनमय की दर अिधिनयम की धारा 12 के िनबंधन(cid:7298) म(cid:7286) ऐसे माल(cid:7298) की
पूितर् के समय की तारीख के िलए सीमाशुल्क अिधिनयम, 1962 की धारा 14 के अधीन बोडर् (cid:7367)ारा यथा
अिधसूिचत िविनमय की लागू दर होगी ।
4555 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
(2) कराधेय सेवा(cid:7312) के मूल्य का अवधारण करने के िलए िविनमय की दर अिधिनयम की धारा 13 के
िनबंधन(cid:7298) म(cid:7286) ऐसी सेवा(cid:7312) की पूितर् के समय की तारीख को साधारणतया स्वीकृत लेखांकन िस(cid:7373)ांत(cid:7298) के
अनुसार अवधािरत लागू िविनमय दर होगी ।”;
(iii) 1 जुलाई, 2017 से िनयम 44 के उपिनयम (2) और उपिनयम (3) के स्थान पर िन(cid:7388)िलिखत रखा जाएगा,
अथार्त् :--
“(2) उपिनयम (1) म(cid:7286) यथािविन(cid:7416)द(cid:7397)र् रकम का क(cid:7286)(cid:7076)ीय कर, राज्य कर, संघ राज्यक्षे(cid:7074) कर और एकीकृत कर के
इनपुट कर (cid:7079)त्यय के िलए अवधारण पृथकत: िकया जाएगा ।
(3) जहां स्टॉक म(cid:7286) रखे गए इनपुट से संबंिधत कर बीजक उपलब्ध नह(cid:7277) ह (cid:7289) वहां रिजस्(cid:7069)ीकृत (cid:7390)ि(cid:7334),
यथािस्थित, धारा 18 की उपधारा (4) या धारा 29 की उपधारा (5) म(cid:7286) िविन(cid:7416)द(cid:7397)र् घटना(cid:7312) म(cid:7286) से िकसी
घटना के होने की (cid:7079)भावी तारीख को माल(cid:7298) की िव(cid:7378)मान बाजार कीमत के आधार पर उपिनयम (1) के
अधीन रकम का आकलन करेगा ।”;
(iv) िनयम 46 के तीसरे परंतुक के स्थान पर िन(cid:7388)िलिखत परंतुक रखा जाएगा, अथार्त् :--
“परंतु यह भी िक माल या सेवा(cid:7312) के िनयार्त की दशा म(cid:7286) बीजक पर, यथािस्थित, “िनयार्त/एसईजेड इकाई
या एसईजेड िवकासकतार् को एकीकृत कर के संदाय पर (cid:7079)ािधकृत (cid:7079)चालन(cid:7298) के िलए पूितर्” या
“िनयार्त/एसईजेड इकाई या एसईजेड िवकासकतार् को एकीकृत कर का संदाय िकए िबना बंधप(cid:7074) या
वचनबंध के अधीन (cid:7079)ािधकृत (cid:7079)चालन(cid:7298) के िलए पूितर् का पृ(cid:7399)ांकन होगा और खंड (ङ) म(cid:7286) िविन(cid:7416)द(cid:7397)र् ब्यौर(cid:7298) के
स्थान पर िन(cid:7388)िलिखत ब्यौरे अंतिवर्(cid:7397) ह(cid:7298)गे, अथार्त् :--
(i) (cid:7079)ाि(cid:7385)कतार् का नाम और पता ;
(ii) पिरदान का पता ; और
(iii) गंत(cid:7390) दशे का नाम :”;
(v) 1 जुलाई, 2017 से िनयम 61 के उपिनयम (5) के स्थान पर िन(cid:7388)िलिखत उपिनयम रखा जाएगा,
अथार्त्:—
“(5) जहां धारा 37 के अधीन (cid:7079)रूप जीएसटीआर–1 और धारा 38 के अधीन (cid:7079)रूप जीएसटीआर–2 म (cid:7286)
ब्यौरे (cid:7079)स्तुत करने के िलए समय-सीमा का िवस्तार िकया गया ह ै और ऐसी पिरिस्थितयां ह,(cid:7289) तो आयु(cid:7334)
अिधसूचना (cid:7367)ारा िविन(cid:7416)द(cid:7397)र् कर सकेगा िक िरटनर् इलैक्(cid:7069)ािनक रूप म(cid:7286) (cid:7079)रूप जीएसटीआर–3ख म(cid:7286) सामान्य
पोटर्ल के माध्यम से या तो सीधे या आयु(cid:7334) (cid:7367)ारा अिधसूिचत िकसी सुिवधा क(cid:7286)(cid:7076) के माध्यम स े (cid:7079)स्तुत िकया
जाएगा ।
(6) जहां (cid:7079)रूप जीएसटीआर–3ख म(cid:7286) कोई िरटनर् (cid:7079)रूप जीएसटीआर–2 म(cid:7286) ब्यौरे (cid:7079)स्तुत करने की सम्यक्
तारीख के प(cid:7391)ात् (cid:7079)स्तुत िकया जाता है—
(क) (cid:7079)रूप जीएसटीआर–3 म(cid:7286) िरटनर् का भाग-क (cid:7079)रूप जीएसटीआर–1, (cid:7079)रूप जीएसटीआर–2 के माध्यम
से (cid:7079)स्तुत सूचना के और पूवर्वत(cid:7278) कर अविधय(cid:7298) के अन्य दाियत्व(cid:7298) के आधार पर इलैक्(cid:7069)ािनकी रूप से
सृिजत िकया जाएगा तथा उ(cid:7334) िरटनर् का भाग-ख कर अविध के संबंध म(cid:7286) (cid:7079)स्तुत (cid:7079)रूप
जीएसटीआर–3ख के आधार पर इलैक्(cid:7069)ािनकी रूप से सृिजत िकया जाएगा ;
(ख) रिजस्(cid:7069)ीकृत (cid:7390)ि(cid:7334) (cid:7079)रूप जीएसटीआर –3ख म(cid:7286) िरटनर् और (cid:7079)रूप जीएसटीआर–3 म (cid:7286) िरटनर् के बीच
िवसंगितय(cid:7298), यिद कोई ह(cid:7298), के आधार पर (cid:7079)रूप जीएसटीआर–3 म (cid:7286) िरटनर् भाग-ख को उपांतिरत
करेगा और अपने कर दाियत्व(cid:7298), यिद कोई ह(cid:7298), का िनवर्हन करेगा ;
(ग) जहां (cid:7079)रूप जीएसटीआर–3 म (cid:7286) कर (cid:7079)त्यय की रकम (cid:7079)रूप जीएसटीआर–3 के िनबंधन(cid:7298) म(cid:7286) इनपुट कर
(cid:7079)त्यय की रकम से अिधक हो जाती ह ै तो अितिर(cid:7334) रकम का रिजस्(cid:7069)ीकृत (cid:7390)ि(cid:7334) की इलैक्(cid:7069)ािनक
(cid:7079)त्यय बही म(cid:7286) (cid:7079)त्यय िकया जाएगा ।”;
(vi) 1 जुलाई, 2017 से िनयम 83 के उपिनयम (3) के दसू रे परंतुक म(cid:7286), “उपधारा” शब्द के स्थान पर,
“उपिनयम” शब्द रखा जाएगा ।
(vii) 1 जुलाई, 2017 से िनयम 89 के उपिनयम (4) के खंड (ङ) म(cid:7286), “उपधारा” शब्द के स्थान पर, “खंड” शब्द
रखा जाएगा ।¹Hkkx IIμ[k.M 3 (i)º Hkkjr dk jkti=k % vlk/kj.k 3
(viii) 1 जुलाई, 2017 से (cid:7079)रूप जीएसटी टीआरएएन–1 म(cid:7286) (cid:7059)म सं. 7 म(cid:7286), सारणी (क) म(cid:7286) स्तंभ (2) के शीषर् के
स्थान पर “यथा लागू एचएसएन” शीषर् रखा जाएगा ;
(ix) 1 जुलाई, 2017 से (cid:7079)रूप जीएसटी टीआरएएन–2 म(cid:7286) (cid:7059)म सं. 4 और 5 म(cid:7286), सारणी म(cid:7286) स्तंभ (1) म(cid:7286) शीषर् के
स्थान पर “यथा लागू एचएसएन” शीषर् रखा जाएगा ।
[फा. सं. 349/58/2017-जीएसटी]
डॉ. (cid:7088)ीपावर्ती एस. एल., अवर सिचव
िटप्पण : मूल िनयम, भारत के राजप(cid:7074), असाधारण, भाग II, खंड 3, उपखंड (i) म(cid:7286) अिधसूचना सं. 3/2017-क(cid:7286)(cid:7076)ीय कर,
तारीख 19 जून, 2017 (cid:7367)ारा सा.का.िन. सं. 610(अ) तारीख 19 जून, 2017 के माध्यम से (cid:7079)कािशत िकए गए थे
और उनका अंितम संशोधन अिधसूचना सं. 15/2017-क(cid:7286)(cid:7076)ीय कर तारीख 1 जुलाई, 2017, जो सा.का.िन. सं.
819(अ) तारीख 1 जुलाई, 2017 (cid:7367)ारा (cid:7079)कािशत की गई थी, (cid:7367)ारा िकया गया ।
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
NOTIFICATION
New Delhi, the 27th July, 2017
No. 17/2017–Central Tax
G.S.R. 965(E).—In exercise of the powers conferred by section 164 of the Central Goods
and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules
further to amend the Central Goods and Services Tax Rules, 2017, namely:—
(1) These rules may be called the Central Goods and Services Tax (Fourth Amendment)
Rules, 2017.
(2) Save as otherwise provided, they shall come into force on the date of publication in the
Official Gazette.
2. In the Central Goods and Services Tax Rules, 2017,—
(i) in rule 24, with effect from 22nd July, 2017, in sub-rule (4), for the words “within a
period of thirty days from the appointed day”, the words and figures “on or before
30th September, 2017” shall be substituted;
(ii) for rule 34, the following shall be substituted, namely:—
“34. Rate of exchange of currency, other than Indian rupees, for determination
of value.—(1) The rate of exchange for determination of value of taxable goods shall
be the applicable rate of exchange as notified by the Board under section 14 of the
Customs Act, 1962 for the date of time of supply of such goods in terms of section 12
of the Act.
(2) The rate of exchange for determination of value of taxable services shall be the
applicable rate of exchange determined as per the generally accepted accounting
principles for the date of time of supply of such services in terms of section 13 of the
Act.”;
(iii) in rule 44, with effect from 1st July, 2017, for sub-rules (2) and (3), the following
shall be substituted, namely:—4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
“(2) The amount, as specified in sub-rule (1) shall be determined separately for input
tax credit of central tax, State tax, Union territory tax and integrated tax.
(3) Where the tax invoices related to the inputs held in stock are not available, the
registered person shall estimate the amount under sub-rule (1) based on the prevailing
market price of the goods on the effective date of the occurrence of any of the events
specified in sub-section (4) of section 18 or, as the case may be, sub-section (5) of
section 29.”;
(iv) in rule 46, for the third proviso, the following proviso shall be substituted, namely:—
“Provided also that in the case of the export of goods or services, the invoice
shall carry an endorsement “SUPPLY MEANT FOR EXPORT/SUPPLY TO SEZ
UNIT OR SEZ DEVELOPER FOR AUTHORISED OPERATIONS ON PAYMENT
OF INTEGRATED TAX” or “SUPPLY MEANT FOR EXPORT/SUPPLY TO SEZ
UNIT OR SEZ DEVELOPER FOR AUTHORISED OPERATIONS UNDER BOND
OR LETTER OF UNDERTAKING WITHOUT PAYMENT OF INTEGRATED
TAX”, as the case may be, and shall, in lieu of the details specified in clause (e),
contain the following details, namely,—
(i) name and address of the recipient;
(ii) address of delivery; and
(iii) name of the country of destination:”;
(v) in rule 61, with effect from 1st July, 2017, for sub-rule (5), the following sub-rules
shall be substituted, namely:—
“(5) Where the time limit for furnishing of details in FORM GSTR-1 under section 37 and in
FORM GSTR-2 under section 38 has been extended and the circumstances so warrant, the
Commissioner may, by notification, specify that return shall be furnished in FORM GSTR-
3B electronically through the common portal, either directly or through a Facilitation Centre
notified by the Commissioner.
(6) Where a return in FORM GSTR-3B has been furnished, after the due date for
furnishing of details in FORM GSTR-2—
(a) Part A of the return in FORM GSTR-3 shall be electronically generated on the
basis of information furnished through FORM GSTR-1, FORM GSTR-2 and based
on other liabilities of preceding tax periods and PART B of the said return shall be
electronically generated on the basis of the return in FORM GSTR-3B furnished in
respect of the tax period;
(b) the registered person shall modify Part B of the return in FORM GSTR-3 based
on the discrepancies, if any, between the return in FORM GSTR-3B and the return in
FORM GSTR-3 and discharge his tax and other liabilities, if any;
(c) where the amount of input tax credit in FORM GSTR-3 exceeds the amount of
input tax credit in terms of FORM GSTR-3B, the additional amount shall be credited
to the electronic credit ledger of the registered person.”;
(vi) in rule 83, with effect from 1st July, 2017, in sub-rule (3), in the second proviso, for
the word “sub-section”, the word “sub-rule” shall be substituted;
(vii) in rule 89, with effect from 1st July, 2017, in sub-rule (4), in clause (E), for the word
“sub-section”, the word “clause” shall be substituted;¹Hkkx IIμ[k.M 3 (i)º Hkkjr dk jkti=k % vlk/kj.k 5
(viii) in FORM GST TRAN-1, with effect from 1st July, 2017, in Sl. No. 7, in Table (a),
for the heading of column (2), the heading “HSN as applicable” shall be substituted;
(ix) in FORM GST TRAN-2, with effect from 1st July, 2017, in Sl. No. 4 and 5, in the
Table, for the heading of column (1), the heading “HSN as applicable” shall be
substituted.
[F. No. 349/58/2017-GST]
Dr. SREEPARVATHY S. L., Under Secy.
Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-
section (i) vide notification No. 3/2017-Central Tax, dated the 19th June, 2017, published vide G.S.R
number 610 (E), dated the 19th June, 2017 and last amended vide notification No. 15/2017-Central
Tax, dated the 1st July, 2017, published vide G.S.R number 819(E) dated the 1st July, 2017.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.