https://www.taxtmi.com/news?id=16643 The FAQ explains GST as a destination based tax on supply of goods and services under a dual CGST/SGST structure with IGST for inter state trade, details registration and composition rules, defines time and valuation of supply and reverse charge, sets ITC principles and e payment/ledger mechanisms, and describes the GSTN based IT ecosystem for registration, returns, payment, IGST settlement and matching of inward/outward supplies; it also sets out audit, assessment, refund and transitional provisions for migration from earlier indirect tax regimes. en-us Thu, 22 Sep 2016 10:10:46 +0530 Wed, 11 Feb 2026 15:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16643 The FAQ explains GST as a destination based tax on supply of goods and services under a dual CGST/SGST structure with IGST for inter state trade, details registration and composition rules, defines time and valuation of supply and reverse charge, sets ITC principles and e payment/ledger mechanisms, and describes the GSTN based IT ecosystem for registration, returns, payment, IGST settlement and matching of inward/outward supplies; it also sets out audit, assessment, refund and transitional provisions for migration from earlier indirect tax regimes. News - Thu, 22 Sep 2016 10:10:46 +0530 https://www.taxtmi.com/news?id=16643