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Govt issues draft GST procedural rules, Council to finalise them on Friday

Draft rules, issued by the CBEC, provide for online registration by residents within three days of submission of the application

Indivjal Dhasmana  |  New Delhi 

The indirect tax department on Monday floated draft rules for registration, invoice and payment under the goods and services tax (GST) regime, a swift move with an eye on the April 1, 2017, roll-out of the new indirect tax regime.

The rules, on which comments are sought by Wednesday, are likely to be finalised by the GST Council on Friday. “We intend to have these rules approved by the GST Council in its meeting on September 30 so that business systems can be modified by all,” Revenue Secretary Hasmukh Adhia tweeted. The draft rules, issued by the Central Board of ...

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First Published: Mon, September 26 2016. 23:42 IST