https://www.taxtmi.com/article/detailed?id=6883 Draft Model GST Law frames GST as a destination-based tax built around supply as the taxable event, and sets out threshold exemptions, rules on time and place of supply, valuation methods, registration and return obligations, and an input tax credit regime with defined scope and limitations. It also addresses transitional provisions and practical issues affecting tax computation, credit utilisation and supply-chain impacts, while offering suggestions to refine CGST, SGST and IGST provisions. en-us Tue, 05 Jul 2016 11:14:14 +0530 Tue, 05 Jul 2016 11:14:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6883 Draft Model GST Law frames GST as a destination-based tax built around supply as the taxable event, and sets out threshold exemptions, rules on time and place of supply, valuation methods, registration and return obligations, and an input tax credit regime with defined scope and limitations. It also addresses transitional provisions and practical issues affecting tax computation, credit utilisation and supply-chain impacts, while offering suggestions to refine CGST, SGST and IGST provisions. Articles Goods and Services Tax - GST Tue, 05 Jul 2016 11:14:14 +0530 https://www.taxtmi.com/article/detailed?id=6883