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of <h1>Section 132: Government Empowered to Make GST Rules, Set Penalties, Define Tax Rates, and Manage Input Tax Credits.</h1> Section 132 of the Model GST Law empowers the Central or State Government to make rules for implementing the Act's purposes upon the Council's recommendation. These rules can address various aspects such as determining tax rates, defining trade discounts, managing input tax credits, registration processes, tax assessment, and recovery. The rules may also regulate the movement and export of goods, impose penalties, and provide for the appointment of officials and tribunals. Additionally, the government can give rules retrospective effect and impose penalties for rule breaches, with a maximum penalty of ten thousand rupees for unspecified violations.
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