https://www.taxtmi.com/article/detailed?id=7216 The GST Council deferred the GST roll-out to a later realistic timeline and agreed a dual-control allocation of taxpayers whereby smaller assessees are primarily administered by States and larger assessees are shared between Centre and States, with intelligence-based enforcement powers concurrent and each assessee assessed by a single authority. States are empowered to tax economic activity in territorial waters up to twelve nautical miles. The Centre retains levy and collection of IGST but will provide statutory cross-empowerment to States; inter-state place-of-supply disputes will be assessed by the Centre. Draft IGST, Compensation and CGST/SGST laws and rules will be revised at the next meeting. en-us Thu, 19 Jan 2017 07:10:15 +0530 Thu, 19 Jan 2017 07:10:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7216 The GST Council deferred the GST roll-out to a later realistic timeline and agreed a dual-control allocation of taxpayers whereby smaller assessees are primarily administered by States and larger assessees are shared between Centre and States, with intelligence-based enforcement powers concurrent and each assessee assessed by a single authority. States are empowered to tax economic activity in territorial waters up to twelve nautical miles. The Centre retains levy and collection of IGST but will provide statutory cross-empowerment to States; inter-state place-of-supply disputes will be assessed by the Centre. Draft IGST, Compensation and CGST/SGST laws and rules will be revised at the next meeting. Articles Goods and Services Tax - GST Thu, 19 Jan 2017 07:10:15 +0530 https://www.taxtmi.com/article/detailed?id=7216