Comparison of GST Final Rules with Draft Rules and its changes – ICAI Indirect Tax Committee

By | May 20, 2017
(Last Updated On: May 20, 2017)

Dear Professional Colleague,

Greetings from Indirect Taxes Committee!

The 14th Goods and Services Tax (GST) Council Meeting GST Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods along with the rates of GST Compensation Cess to be levied on certain goods. The Council has also finalised the Rules and formats on Composition, Valuation, ITC, Invoice, Debit & Credit Notes, Payment, Refund , Registration. Please find below the link to download following for your kind perusal :


Comparison of GST Final Rules with Draft Rules and its changes

The Indirect Taxes Committee of ICAI, has also launched a publication – BGM on GST Acts and Draft Rules, 2017 which contain a clause by clause analysis of the GST Act along with FAQ’s, MCQ’s, Flowcharts and Illustrations etc. to make the reading and understanding easier.

The above publications can be downloaded from website of Indirect Taxes Committee which is available on It’s hard copy would be available for sale in the next 10 days which can be ordered online at

In case on any clarifications required, please contact Secretary, Indirect Taxes Committee at or 0120-3045954.

Hope this publication will assist you in your professional endeavours.

Thanking You



 Indirect Taxes Committee


Indirect Taxes Committee

The Institute of Chartered Accountants of India
ICAI Bhawan
A-29, Sector – 62, NOIDA (U.P.)
Telephone Direct – +91 120 3045 954
Telephone Board – +91 120 3045 900 Ext. 954

for help please visit:

Leave a Reply

Your email address will not be published. Required fields are marked *