TMI BlogThe Karnataka Goods and Services Tax (Second Amendment) Rules, 2017.X X X X Extracts X X X X X X X X Extracts X X X X ..... taka Act 27 of 2017) , on the recommendations of the council the Government of Karnataka hereby makes the following rules further to amend the Karnataka Goods and Services Tax Rules, 2017, namely:- RULES 1. Title and commencement.- (1) These Rules may be called the Karnataka Goods and Services Tax (Second Amendment) Rules, 2017. (2) Save as otherwise provided, they shall come into for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate of time of supply of such goods in terms of section 12 . (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 . 4. Amendment of rule 44.- In rule 44 of the said rules, for sub-rule (2), the f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. 5. Amendment of rule 61.- In rule 61 of the said rules, for sub-rule (5), the following sub-rules shall be substituted with effect from 1st July, 2017, namely.- (5) Where the time limi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 amoun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as applicable shall be substituted with effect from 1st July, 2017. 9. Amendment of FORM GST TRAN-2.- In FORM GST TRAN-2 , of the said rules, in Sl. No. 4 and 5, in the Table, in column (1), for the heading, HSN (at 6 digit level) the heading HSN as applicable shall be substituted with effect from 1st July, 2017. By Order and in the name of the Governor of Karnataka, K ..... X X X X Extracts X X X X X X X X Extracts X X X X
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