https://www.taxtmi.com/news?id=18286 GST creates a unified indirect tax regime jointly administered by Centre and States to replace multiple levies, standardize rates and procedures, and enable electronic registration, returns, payments and refunds through a common IT portal. The GST Council set multi-slab rates, compensation cess, composition thresholds and transitional credit provisions; operational measures include automated returns, time-bound refunds with interest, anti-profiteering rules and a compliance-rating system. en-us Fri, 30 Jun 2017 15:06:56 +0530 Fri, 30 Jun 2017 15:06:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18286 GST creates a unified indirect tax regime jointly administered by Centre and States to replace multiple levies, standardize rates and procedures, and enable electronic registration, returns, payments and refunds through a common IT portal. The GST Council set multi-slab rates, compensation cess, composition thresholds and transitional credit provisions; operational measures include automated returns, time-bound refunds with interest, anti-profiteering rules and a compliance-rating system. News - Fri, 30 Jun 2017 15:06:56 +0530 https://www.taxtmi.com/news?id=18286