Circular No.ES/ 245 / 2018-19 10th October, 2018
To: Members of the Council
Sub.: CBIC seeks to make amendments (Twelfth Amendment, 2018) to the CGST Rules, 2017
We would like to inform you that CBIC has issued Notification No. 54/2018- Central Tax dated 9th October, 2018 making amendments in the Central Goods and Services Tax Rules, 2017. These rules may be called the Central Goods and Services Tax (Twelfth Amendment) Rules, 2018 and shall come into force on the date of their publication in the Official Gazette.
Vide this notification CBIC has substituted/ amended CGST Rule 96(10) and CGST Rule 89(4B) prospectively (i.e. from the date of notification in the Official Gazette), to allow IGST refund claims of exporters who have received capital goods under the EPCG scheme. This notification amends CGST Rule 96(10) to allow exporters who have received capital goods under the EPCG scheme to claim refund of the IGST paid on exports and align CGST Rule 89(4B) to make it consistent with amended CGST Rule 96(10).
For more information on amendments, members may kindly refer to Notification No. 54/2018- Central Tax.
Members may kindly make a note of the above.