The all-powerful GST Council recently conducted its 17^th meeting on 18^th June, 2017. One of the important decisions taken was the finalization of several draft rules. Following rules and their formats were finalized:

1. Anti-profiteering– GST Council approved the procedural framework for the proposed anti-profiteering authority and constitution of the Standing Committee and Screening Committee on Anti-profiteering to litigate proceedings related to reduction in prices.
2. Advance ruling– Rules for Advance ruling were finalized and following formats were also released.

Sr. No.	Form No.	Description
1	GST ARA-01	Application Form for Advance Ruling
2	GST ARA-02	Appeal to the Appellate Authority for Advance Ruling

3. Appeals and revisions – Rules for Advance ruling were finalized and following formats were also released.

Sr. No	Form No.	Content
1.	GST APL -01	Appeal to Appellate Authority
2.	GST APL -02	Acknowledgement of submission of appeal
3.	GST APL -03	Application to the Appellate Authority under sub-section (2) of Section 107
4.	GST APL -04	Summary of the demand after issue of order by the Appellate Authority, Tribunal or Court
5.	GST APL -05	Appeal to the Appellate Tribunal
6.	GST APL -06	Cross-objections before the Appellate Authority / Appellate Tribunal
7.	GST APL -07	Application to the Appellate Tribunal under sub section (3) of Section 112
8.	GST APL -08	Appeal to the High Court under section 117

4. E-way bill – Rules relating to E-way bill are still under discussions and not yet finalized. Finance Minister indicated in his speech that states may continue with their own current system on e-way bills which creates more ambiguity for businesses and professional as GST does not borrow any provisions from VAT laws for e way bills.
5. Assessment and audit – Rules for Advance ruling were finalized and following formats were also released.

Sr. No	Form No.	Title of the Form
1	Form GST ASMT – 01	Application for Provisional Assessment u/s 60
2	Form GST ASMT – 02	Notice for Seeking Additional Information / Clarification /Documents for provisional/ Final assessment
3	Form GST ASMT – 03	Reply to the notice seeking additional information
4	Form GST ASMT – 04	Order of Acceptance or Rejection of Provisional Assessment Order
5	Form GST ASMT – 05	Furnishing of Security
6	Form GST ASMT – 06	Notice for Seeking Additional Information / Clarification /Documents for final assessment
7	Form GST ASMT – 07	Final Assessment Order
8	Form GST ASMT – 08	Application for Withdrawal of Security
9	Form GST ASMT – 09	Order for release of security or rejecting the application
10	Form GST ASMT – 10	Notice for intimating discrepancies in the return after scrutiny
11	Form GST ASMT – 11	Reply to the notice issued u/s 61 intimating discrepancies in the return
12	Form GST ASMT – 12	Order of acceptance of reply against the notice issued u/s 61
13	Form GST ASMT – 13	Assessment order u/s 62
14	Form GST ASMT – 14	Show Cause Notice for assessment u/s 63
15	Form GST ASMT – 15	Assessment order u/s 63
16	Form GST ASMT – 16	Assessment order u/s 64
17	Form GST ASMT – 17	Application for withdrawal of assessment order issued u/s 64
18	Form GST ASMT – 18	Acceptance or Rejection of application filed u/s 64 (2)

 

6. Audit – However, in case of audit proceedings, only formats have been released by the government.

Sr. No	Form No.	Description
1	Form GST ADT – 01	Notice for conducting audit
2	Form GST ADT – 02	Audit Report under section 65(6)
3	Form GST ADT – 03	Communication to the registered person for conduct of special audit under section 66
4	Form GST ADT – 04	Information of Findings upon Special Audit