The Ministry of Finance has issued a corrigendum to rectify the Hindi version of the notification relating to the Goods and Services Tax Settlement of Funds Rules, 2026.
The correction pertains to an earlier notification bearing G.S.R. 225(E) dated March 30, 2026, which had introduced the Goods and Services Tax Settlement of Funds Rules, 2026. According to the corrigendum, an amendment has now been carried out in the Hindi version of the said notification at page number 1 in Rule 1(1).
The revised substituted rule now states in Hindi: “इन नियमों का संक्षिप्त नाम माल और सेवा कर निधि निपटान नियम, 2026 है।”
The corrigendum effectively corrects the short title clause of the rules in the Hindi text to properly reflect the official name of the “Goods and Services Tax Settlement of Funds Rules, 2026.”
The Goods and Services Tax Settlement of Funds Rules play an important role in the GST framework as they govern the mechanism for settlement and apportionment of GST funds between the Centre and the States. Such settlement rules are critical for ensuring smooth fiscal transfers under the dual GST structure, especially in relation to IGST distribution and inter-governmental fund adjustments.
Notification Details
Date: 11th May, 2026
