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<h1>Central Government Empowered to Formulate Retrospective GST Rules Under Section 22; Penalties Up to 10,000 Possible.</h1> Section 22 of the Union Territory Goods and Services Tax Act, 2017 grants the Central Government the authority to formulate rules for implementing the Act's provisions, based on recommendations from the Council. This includes the ability to create rules for any matters that require or allow for regulatory provisions. The section also permits these rules to have retrospective effect, but not before the Act's commencement date. Additionally, rules may impose penalties for contraventions, with fines not exceeding ten thousand rupees.