https://www.taxtmi.com/acts?id=20242 A transparent incentive/penalty regime will tie banks' eligibility to collect GST receipts to timely remittance and error free reporting, administered by the relevant Accounting Authority; RBI and Accounting Authorities will define required validations and capabilities, and banks that fail to implement them shall not be permitted to collect GST receipts, with a long term service quality rating envisaged. en-us Sat, 12 Dec 2015 03:03:45 +0530 Sat, 12 Dec 2015 03:03:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20242 A transparent incentive/penalty regime will tie banks' eligibility to collect GST receipts to timely remittance and error free reporting, administered by the relevant Accounting Authority; RBI and Accounting Authorities will define required validations and capabilities, and banks that fail to implement them shall not be permitted to collect GST receipts, with a long term service quality rating envisaged. Act-Rules Bills Sat, 12 Dec 2015 03:03:45 +0530 https://www.taxtmi.com/acts?id=20242