https://www.taxtmi.com/article/detailed?id=6603 The Model GST Law expands compliance by requiring multiple periodic returns-including invoice-level and NIL filings-with limited rectification windows, state-specific registration (with multiple registrations permitted), mandatory registration for specified categories irrespective of turnover, and voluntary registration options. Payments must be made via electronic cash and credit ledgers with a prescribed debit priority when shortfalls occur and limited cross-utilisation between central, state and integrated ledgers. A tax deduction at source mechanism mandates withholding by notified entities with registration, return filing and certificate issuance obligations, increasing operational and reporting burdens on taxpayers. en-us Fri, 25 Dec 2015 08:41:53 +0530 Fri, 25 Dec 2015 08:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6603 The Model GST Law expands compliance by requiring multiple periodic returns-including invoice-level and NIL filings-with limited rectification windows, state-specific registration (with multiple registrations permitted), mandatory registration for specified categories irrespective of turnover, and voluntary registration options. Payments must be made via electronic cash and credit ledgers with a prescribed debit priority when shortfalls occur and limited cross-utilisation between central, state and integrated ledgers. A tax deduction at source mechanism mandates withholding by notified entities with registration, return filing and certificate issuance obligations, increasing operational and reporting burdens on taxpayers. Articles Goods and Services Tax - GST Fri, 25 Dec 2015 08:41:53 +0530 https://www.taxtmi.com/article/detailed?id=6603