https://www.taxtmi.com/article/detailed?id=8115 The Bill amends GST law to refine definitions and administration, revises the scope of supply and reverse charge rules, adjusts composition levy eligibility and service supply limits, and overhauls ITC mechanics by deeming receipt where goods/services are delivered on a registrant's direction, specifying apportionment and blocked credits (including rules for vehicles, vessels and insurance), introducing procedures for supplier disclosure and recipient verification on a common portal, capping credit on unmatched supplies, and creating joint liability for supplier and recipient in relation to furnished outward-supply details. en-us Sat, 11 Aug 2018 07:54:11 +0530 Sat, 11 Aug 2018 07:54:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8115 The Bill amends GST law to refine definitions and administration, revises the scope of supply and reverse charge rules, adjusts composition levy eligibility and service supply limits, and overhauls ITC mechanics by deeming receipt where goods/services are delivered on a registrant's direction, specifying apportionment and blocked credits (including rules for vehicles, vessels and insurance), introducing procedures for supplier disclosure and recipient verification on a common portal, capping credit on unmatched supplies, and creating joint liability for supplier and recipient in relation to furnished outward-supply details. Articles Goods and Services Tax - GST Sat, 11 Aug 2018 07:54:11 +0530 https://www.taxtmi.com/article/detailed?id=8115