GST Amendments: Changes to include RCM, return filing, refund on exports

Clarification for refunds of cess on goods to be exported, changes in the enabling provisions for reverse charge mechanism (RCM) and composition scheme and returns filing are part of about 35 amendments being finalised in Goods and Services Tax (GST)-related laws. The government is likely to amend the GST laws to introduce enabling provision of bringing in any transaction under RCM, with an aim to…