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TMI BlogThe Meghalaya Goods and Services Tax (Fifth Amendment) Rules, 2018.X X X X Extracts X X X X X X X X Extracts X X X X ..... otherwise provided, they shall come into force on the date of their publication in the Official Gazette. 2. In the Meghalaya Goods and Services Tax Rules, 2017,- (i) in rule 37, in sub-rule (1), after the proviso, the following proviso shall be inserted, namely :- Provided further that the value of supplies on account of any amount added in accordance with the provisions of clause (b) of sub-section (2) of section 15 shall be deemed to have been paid for the purposes of the second proviso to sub-section (2) of section 16. ; (ii) in rule 83, in sub-rule (3), in the second proviso, for the words one year , the words eighteen months shall be substituted; (iii) with effect from 01st July, 2017, in rule 89, for sub-rule (5) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Authority determines that a registered person has not passed on the benefit of the reduction in the rate of tax on the supply of goods or services or the benefit of input tax credit to the recipient by way of commensurate reduction in prices, the Authority may order (a) reduction in prices ; (b) return to the recipient, an amount equivalent to the amount not passed on by way of commensurate reduction in prices along with interest at the rate of eighteen per cent. from the date of collection of the higher amount till the date of the return of such amount or recovery of the amount including interest not returned, as the case may be ; (c) the deposit of an amount equivalent to fifty per cent. of the amount determined under the above ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (iii) I have not been adjudicated as an insolvent; and (iv) I have not been convicted by a competent court. ; (x) in FORM GST RFD-01 , in Annexure-1, (a) for Statement 1A, the following Statement shall be substituted, namely:- Statement 1A [see rule 89(2)(h)] Refund Type: ITC accumulated due to inverted tax structure [clause (ii) of first proviso to section 54(3)] Sl.No. Details of invoices of inward supplies received Tax paid on inward supplies Details of invoices of outward supplies issued Tax paid on outward supplies GSTIN of the supplier No. Date ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 3 4 5 6 7 8 9 ; (xi) in FORM GST RFD-01A , in Annexure-1, (a) for Statement 1A, the following Statement shall be substituted, namely:- Statement 1A [see rule 89(2)(h)] Refund Type: ITC accumulated due to inverted tax structure [clause (ii) of first proviso to section 54(3)] Sl.No. Details of invoices of inward supplies received Tax paid on inward supplies Details of in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Date Taxable Value Integrated Tax Central Tax State Tax/Union Territory Tax Cess 1 2 3 4 5 6 7 8 9 ; Sd/- P. W. Ingty Additional Chief Secretary to the Government of Meghalaya Excise, Registration, Taxation Stamps Department. Memo No. ERTS(T)65/2017/Pt I/107-A Dated Shillong, the 13 th June, 2018 - Notification Tax Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X
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