https://www.taxtmi.com/article/detailed?id=8883 An alternative composition scheme is inserted in section 10 to permit specified service and mixed suppliers to pay tax at a prescribed capped rate in lieu of normal tax, with express eligibility conditions and exclusions. Explanations exclude exempt supplies by way of interest or discount on deposits, loans or advances from aggregate- and State-level turnover computations and exclude early-year supplies made prior to registration. Aadhaar authentication requirements for registration, electronic payment option mandates for recipients, inter-head electronic cash ledger transfer mechanisms with Centre-State transfer rules, expanded Commissioner extension powers for return deadlines, an anti-profiteering penalty, and a National Appellate Authority for conflicting advance rulings are also introduced. en-us Sun, 05 Jan 2020 09:56:05 +0530 Sun, 05 Jan 2020 09:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8883 An alternative composition scheme is inserted in section 10 to permit specified service and mixed suppliers to pay tax at a prescribed capped rate in lieu of normal tax, with express eligibility conditions and exclusions. Explanations exclude exempt supplies by way of interest or discount on deposits, loans or advances from aggregate- and State-level turnover computations and exclude early-year supplies made prior to registration. Aadhaar authentication requirements for registration, electronic payment option mandates for recipients, inter-head electronic cash ledger transfer mechanisms with Centre-State transfer rules, expanded Commissioner extension powers for return deadlines, an anti-profiteering penalty, and a National Appellate Authority for conflicting advance rulings are also introduced. Articles Goods and Services Tax - GST Sun, 05 Jan 2020 09:56:05 +0530 https://www.taxtmi.com/article/detailed?id=8883