STATE TIMES NEWSJAMMU: The government on Wednesday ordered amendment in Jammu & Kashmir Goods and Services Taxes Rules, 2017. “In exercise of the powers conferred by Section 164 of the Jammu and Kashmir Goods and Services Tax Act, 2017 (Act No. V of 2017), the government on the recommendation of the Council hereby makes the rules to further amend the Jammu and Kashmir Goods and Services Tax Rules, 2017,” reads the SO 31 notification issued by Dr. Arun Kumar Mehta, Financial Commissioner, Finance Department. As per notification, in the Jammu and Kashmir Goods and Services Tax Rules, 2017 namely in rule 48, after sub-rule (3), the three more sub-rules shall be inserted. The sub-rule (4) reads, “the invoice shall be prepared by such class of registered persons as may be notified by the Government, on the recommendations of the Council, by including such particulars contained in FORM GST INV-01 after obtaining an Invoice Reference Number by uploading information contained therein on the Common Goods and Services Tax Electronic Portal in such manner and subject to such conditions and restrictions as may be specified in the notification.
“Every invoice issued by a person to whom sub-rule (4) applied in any manner other than the manner specified in the aforesaid sub-rule shall not be treated as an invoice,” reads the sub-rule (5).
The sub-rule (6) stated, “The provisions of sub-rules (1) and (2) shall not apply to an invoice prepared in the manner specified in sub-rule (4).”
This notification shall come into effect from the date of publication of corresponding notification under Central Goods and Services Tax Act, in the Central Gazetted, the notification stated
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