https://www.taxtmi.com/article/detailed?id=6965 GST reorganises indirect taxation by subsuming central and state levies into CGST/SGST for intra state supplies and IGST for inter state supplies, instituting destination based taxation, a 15 digit unified registration and online compliance. Key operative features include place and time of supply rules, an Input Tax Credit regime conditioned on supplier matching and payment, composition levy constraints, electronic payment and ledgering, refund mechanisms, and transitional provisions preserving eligible CENVAT credits and handling stock and job work during switchover. en-us Mon, 05 Sep 2016 11:59:20 +0530 Mon, 05 Sep 2016 15:40:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6965 GST reorganises indirect taxation by subsuming central and state levies into CGST/SGST for intra state supplies and IGST for inter state supplies, instituting destination based taxation, a 15 digit unified registration and online compliance. Key operative features include place and time of supply rules, an Input Tax Credit regime conditioned on supplier matching and payment, composition levy constraints, electronic payment and ledgering, refund mechanisms, and transitional provisions preserving eligible CENVAT credits and handling stock and job work during switchover. Articles Goods and Services Tax - GST Mon, 05 Sep 2016 11:59:20 +0530 https://www.taxtmi.com/article/detailed?id=6965