https://www.taxtmi.com/acts?id=21660 The provision vests the Central Government or State Government with a broad power to make rules, on the Council's recommendation, to implement the Act including the limited power to give retrospective effect on first exercise; enumerated rule making topics include tax rate and place of supply determination, valuation and trade discounts, input tax credit conditions and transitions, registration and migration processes, assessment, recovery and provisional attachment, recordkeeping and returns, inspection and audit, refunds and export rebates, enforcement measures including compounding and penalties, and related administrative appointments and procedures. en-us Wed, 15 Jun 2016 15:36:38 +0530 Thu, 16 Jun 2016 14:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21660 The provision vests the Central Government or State Government with a broad power to make rules, on the Council's recommendation, to implement the Act including the limited power to give retrospective effect on first exercise; enumerated rule making topics include tax rate and place of supply determination, valuation and trade discounts, input tax credit conditions and transitions, registration and migration processes, assessment, recovery and provisional attachment, recordkeeping and returns, inspection and audit, refunds and export rebates, enforcement measures including compounding and penalties, and related administrative appointments and procedures. Act-Rules Bills Wed, 15 Jun 2016 15:36:38 +0530 https://www.taxtmi.com/acts?id=21660