https://www.taxtmi.com/news?id=26035 The Council recommended decriminalisation measures under GST by raising the minimum tax threshold for prosecution, decriminalising specified offences (obstruction, tampering with evidence, failure to supply information) and reducing compounding amounts; inserting Rule 37A and amending Rule 37 to prescribe reversal and re availment mechanisms for input tax credit; enabling unregistered suppliers and composition taxpayers to supply via e commerce operators with reporting and portal reconciliation changes; and introducing registration authentication and return filing time limits, to be implemented via circulars, notifications and law amendments. en-us Sat, 17 Dec 2022 15:55:40 +0530 Sun, 19 Feb 2023 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26035 The Council recommended decriminalisation measures under GST by raising the minimum tax threshold for prosecution, decriminalising specified offences (obstruction, tampering with evidence, failure to supply information) and reducing compounding amounts; inserting Rule 37A and amending Rule 37 to prescribe reversal and re availment mechanisms for input tax credit; enabling unregistered suppliers and composition taxpayers to supply via e commerce operators with reporting and portal reconciliation changes; and introducing registration authentication and return filing time limits, to be implemented via circulars, notifications and law amendments. News - Sat, 17 Dec 2022 15:55:40 +0530 https://www.taxtmi.com/news?id=26035