https://www.taxtmi.com/article/detailed?id=8299 Announcements include GST rate rationalisation transferring numerous consumer items to lower slabs while limiting items at or above the intermediate rate; the Council also proposed a centralized Advance Ruling authority with binding decisions for conflicting views, piloted refund and return systems, deadline extensions and fee waivers, input tax credit allowance for prior fiscal invoices up to the cutoff, and development of composition schemes for small service providers and real estate, with MSME threshold review deferred to the next meeting. en-us Wed, 26 Dec 2018 18:04:43 +0530 Wed, 26 Dec 2018 18:04:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8299 Announcements include GST rate rationalisation transferring numerous consumer items to lower slabs while limiting items at or above the intermediate rate; the Council also proposed a centralized Advance Ruling authority with binding decisions for conflicting views, piloted refund and return systems, deadline extensions and fee waivers, input tax credit allowance for prior fiscal invoices up to the cutoff, and development of composition schemes for small service providers and real estate, with MSME threshold review deferred to the next meeting. Articles Goods and Services Tax - GST Wed, 26 Dec 2018 18:04:43 +0530 https://www.taxtmi.com/article/detailed?id=8299