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TMI BlogUttarakhand Goods and Services Tax (Fifth Amendment) Rules, 2018X X X X Extracts X X X X X X X X Extracts X X X X ..... and Services Tax (Fifth Amendment) Rules, 2018 1. Short title and Commencement (1) These rules may be called the Uttarakhand Goods and Services Tax (Fifth Amendment) Rules, 2018. (2) Save as otherwise provided, they shall come into force from the 13th day of June, 2018. 2. Amendment in Rule 37 In rule 37 of the Uttarakhand Goods and Services Tax Rules, 2017 (hereinafter referred to as the Principal Rules), 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-sectio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urnover}-tax payable on such inverted rated supply of goods and services. Explanation:--For the purposes of this sub-rule, the expressions-- (a) "Net ITC" shall mean input tax credit availed on inputs during the relevant period other than the input tax credit availed for which refund is claimed under sub-rules (4A) or (4B) of both; and (b) Adjusted Total turnover shall have the same meaning as assigned to it in sub-rule (4). 5. Amendment in Rule 95 With effect from 01st July, 2017, in rule 95 of the "Principal Rules", in sub-rule (5), for clause (a) set out in column-1 , the following clause set out in column-2 shall be substituted, namely:- Column-I Existing clause Column-2 Hereby substituted clause (a) the in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cluding interest not returned, as the case may be, in case the eligible person does not claim return of the amount or is not identifiable and depositing the same in the Fund referred to in section 57; (c) imposition of penalty as specified under the Act; and (d) cancellation of registration under the Act. 133.(3) Where the Authority determines that a registered person has not passed on the benefit of reduction in 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 in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n PART B-- (a) against SI. No. 4, after entry (10), the following shall be inserted, namely:-- "(11) Sales Tax practitioner under existing law for a period of not less than five vears; (12) tax return preparer under existing law for a period of not less than five years"; (b) after the "Consent", the following shall be inserted, namely:-Declaration I hereby declare that: (i) l am a citizen of India; (ii) I am a person of sound mind; (iii) I have not been adjudicated as an insolvent; and (iv) I have not been convicted by a competent court. 11. Amendment in FORM GST RFD-01 In FORM GST RFD-01 of the "Principal Rules" in Annexure-I-(a) for Statement 1A, the following Statement shall be substituted, name ..... X X X X Extracts X X X X X X X X Extracts X X X X
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