https://www.taxtmi.com/news?id=17702 The Bill establishes a central goods and services tax on intra State supplies, defining "supply" and prescribing valuation and time of supply rules; it sets registration thresholds and obligations, invoicing and record keeping requirements; creates an input tax credit regime with eligibility, restrictions and apportionment rules (including job work and Input Service Distributor mechanisms); and prescribes electronic returns, matching procedures, payment and refund mechanisms together with administrative, assessment, enforcement and appellate structures. en-us Mon, 27 Mar 2017 14:34:05 +0530 Wed, 11 Feb 2026 15:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17702 The Bill establishes a central goods and services tax on intra State supplies, defining "supply" and prescribing valuation and time of supply rules; it sets registration thresholds and obligations, invoicing and record keeping requirements; creates an input tax credit regime with eligibility, restrictions and apportionment rules (including job work and Input Service Distributor mechanisms); and prescribes electronic returns, matching procedures, payment and refund mechanisms together with administrative, assessment, enforcement and appellate structures. News - Mon, 27 Mar 2017 14:34:05 +0530 https://www.taxtmi.com/news?id=17702