TMI BlogThe Odisha 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 ..... d 12 shall come into force on the date of their publication in the Odisha Gazette. (3) Rules 4, 5 and 10 shall come into force with effect from 1st July, 2017. 2. In the Odisha Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), 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. ; 3. In the said rules, in rule 83, in sub-rule (3), in the second proviso, for the words one year , the words eighte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es, in rule 133, for sub-rule (3), the following shall sub-rule be substituted, namely:- (3) Where the 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... five years; (12) tax return preparer under existing law for a period of not less than five years ; and (b) after the entry Consent , the following entry shall be inserted, namely:- Declaration I hereby declare that; (i) I 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. In the said rules, 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. ..... 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 ; 12. In the said rules, 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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