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    <title>Red-carpet entry of GST from July 1, 2017 and gist of the various GST Notifications</title>
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    <description>Notifications set operational GST rules: HSN disclosure thresholds by turnover, fixed interest for tax defaults and delayed refunds, and a specified list of goods subject to reverse charge. Exemptions from reverse charge apply for small-value intra-state supplies from unregistered suppliers, consolidated monthly invoicing of such supplies, certain second hand goods, and supplies to TDS deductors under registration conditions. Rates and valuation rules change for construction services with a deemed land-value proportion and restrictions on refund of unutilised input tax credit. Declared tariff determines room taxation and specified services supplied via electronic commerce platforms attract operator liability.</description>
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