https://www.taxtmi.com/news?id=21208 The document explains India's GST framework: a constitutional amendment enabling concurrent power to levy GST, creation of the Goods and Services Tax Council to recommend subsumptions, rates, place-of-supply rules and compensation, and a dual model with CGST and SGST for intra-state supplies plus IGST for inter-state supplies. It details input tax credit cross-utilisation, IGST settlement mechanisms, rate slabs with a compensation cess, threshold and composition schemes, administrative roles of CBIC and GSTN, return and e-way bill systems, and transitional and compensatory measures for States. en-us Sat, 09 Mar 2019 12:53:53 +0530 Wed, 11 Feb 2026 15:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21208 The document explains India's GST framework: a constitutional amendment enabling concurrent power to levy GST, creation of the Goods and Services Tax Council to recommend subsumptions, rates, place-of-supply rules and compensation, and a dual model with CGST and SGST for intra-state supplies plus IGST for inter-state supplies. It details input tax credit cross-utilisation, IGST settlement mechanisms, rate slabs with a compensation cess, threshold and composition schemes, administrative roles of CBIC and GSTN, return and e-way bill systems, and transitional and compensatory measures for States. News - Sat, 09 Mar 2019 12:53:53 +0530 https://www.taxtmi.com/news?id=21208