https://www.taxtmi.com/article/detailed?id=6880 The model GST frames supply as the taxable event covering goods and services and creates operative categories (taxable person, non-resident taxable person) and mechanisms (time of supply, valuation, tax deduction and collection at source, first return, compliance rating). It contemplates two statutes-a central GST Act and an Integrated GST Act-requires registration in the State of supply with provisional certificates for existing registrants, and sets a negative list exempting certain government and local authority activities; procedural rules on registration, payment, returns and refunds are to be finalized. en-us Sat, 02 Jul 2016 10:42:03 +0530 Sat, 02 Jul 2016 10:42:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6880 The model GST frames supply as the taxable event covering goods and services and creates operative categories (taxable person, non-resident taxable person) and mechanisms (time of supply, valuation, tax deduction and collection at source, first return, compliance rating). It contemplates two statutes-a central GST Act and an Integrated GST Act-requires registration in the State of supply with provisional certificates for existing registrants, and sets a negative list exempting certain government and local authority activities; procedural rules on registration, payment, returns and refunds are to be finalized. Articles Goods and Services Tax - GST Sat, 02 Jul 2016 10:42:03 +0530 https://www.taxtmi.com/article/detailed?id=6880