https://www.taxtmi.com/article/detailed?id=7070 Section 116 establishes a GST Compliance Rating for every taxable person, calculated from prescribed parameters such as timely tax payment, e-filing, transaction matching, reconciliations and cooperation with tax authorities; rules will set methodology, update intervals, notice to taxpayers, and public disclosure. The rating is intended to guide administrative treatment and risk profiling, potentially affording privileges to higher-rated taxpayers and subjecting lower-rated taxpayers to greater scrutiny; the electronic GST platform is anticipated to manage score determination, updates, and publication. en-us Wed, 09 Nov 2016 11:10:35 +0530 Wed, 09 Nov 2016 11:10:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7070 Section 116 establishes a GST Compliance Rating for every taxable person, calculated from prescribed parameters such as timely tax payment, e-filing, transaction matching, reconciliations and cooperation with tax authorities; rules will set methodology, update intervals, notice to taxpayers, and public disclosure. The rating is intended to guide administrative treatment and risk profiling, potentially affording privileges to higher-rated taxpayers and subjecting lower-rated taxpayers to greater scrutiny; the electronic GST platform is anticipated to manage score determination, updates, and publication. Articles Goods and Services Tax - GST Wed, 09 Nov 2016 11:10:35 +0530 https://www.taxtmi.com/article/detailed?id=7070