Rulemaking power enables the government to prescribe GST implementation rules, including retrospective effect and penal provisions.

Government rule-making power under the Act permits notification of rules on Council recommendation to carry the Act into effect, including prescriptions for matters required or permitted by the Act. This power expressly includes making rules with retrospective effect not earlier than the Act's commencement and empowering rules to provide that contraventions incur a monetary penalty within the statutory ceiling.

---

---

---