Force majeure extension power for GST time limits enables retrospective and prospective relief where compliance is impeded. The Ordinance amends the Meghalaya GST Act to revise definitions, expand supply valuation to include services, modify invoicing and registration rules, prescribe form and manner for tax deduction certificates, increase liability and penalties for persons retaining benefits of specified transactions, broaden prosecutable offence language regarding fraudulent input tax credit, subject transitional credit provisions to prescribed time and manner, and insert Section 168A empowering the Government to extend time limits for actions impeded by force majeure, including retrospective effect.
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Provisions expressly mentioned in the judgment/order text.
Force majeure extension power for GST time limits enables retrospective and prospective relief where compliance is impeded.
The Ordinance amends the Meghalaya GST Act to revise definitions, expand supply valuation to include services, modify invoicing and registration rules, prescribe form and manner for tax deduction certificates, increase liability and penalties for persons retaining benefits of specified transactions, broaden prosecutable offence language regarding fraudulent input tax credit, subject transitional credit provisions to prescribed time and manner, and insert Section 168A empowering the Government to extend time limits for actions impeded by force majeure, including retrospective effect.
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