Power to make rules enables retrospective rulemaking and permits penalties for contraventions under the GST framework. The Government may, on the Council's recommendations, make rules by notification to carry out this Act, including prescribing matters required or ... Summary
Power to make rules enables retrospective rulemaking and permits penalties for contraventions under the GST framework.
The Government may, on the Council's recommendations, make rules by notification to carry out this Act, including prescribing matters required or permitted by the Act; the power permits retrospective effect of rules from no earlier than the Act's commencement and allows rules to provide that contraventions attract a monetary penalty within the limits specified.
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