Govt. reduces GSTR-4 late fee; Notifies E-WayBill Rules from Feb 1; Amends CGST Rules

Govt. waives late fee payable for failure to furnish return in Form GSTR-4 i.e. quarterly return by composition taxpayer, in excess of Rs. 25 per day and in case of Nil return – Rs. 10 per day; Notifies E-Way Bill Rules, viz. Rules 138, 138A, 138B, 138C & 138D of CGST Rules 2017 from February 1; Also Amends CGST Rules 2017 vide CGST (14th Amendment) Rules 2017 to inter alia disallow amendment to any particular of registration application w.e.f date earlier than date of submission of application in Form GST REG-14 on the common portal except by order of Commissioner; Modifies formula to claim refund of ITC in case of zero-rated supplies without payment of tax under bond / LUT under Rule 89 w.e.f. October 23, 2017; In case of supplies received on which supplier has availed benefit of deemed export under Notification No. 48/2017-Central Tax, refund of ITC availed in respect of other inputs / input services used in making zero-rated supplies, shall be granted; In case of supplies received on which supplier has availed benefit of Notification No. 40/2017-Central Tax (Rate) (viz. Central Tax rate of 0.05% on intra-State supply of taxable goods for export), or Notification No. 41/2017-Central Tax (Rate) or both, refund of ITC availed in respect of inputs received under said Notifications for export of goods and ITC availed in respect of   other inputs / input services to the extent used in making exports, shall be granted; Also amends Rules 95 & 96 w.e.f October 23, while tweaking Forms GST REG-10, GST REG-13, GSTR-11, GST RFD-10 and GST DRC-07 : Finance Ministry Notifications