https://www.taxtmi.com/article/detailed?id=12820 The Budget proposes simplifying and expanding GST by amending CGST provisions on time of supply, retrospective relaxation for input tax credit, authorised representative compliance, temporal limits on tax determination provisions, a common provision for tax determination, and conditional waiver of interest and penalty for selected past years; it also exempts GST compensation cess on SEZ imports and reduces customs duties on select items, while planning a six month review to rationalise customs rates and address duty inversion. en-us Thu, 25 Jul 2024 09:18:46 +0530 Thu, 25 Jul 2024 09:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12820 The Budget proposes simplifying and expanding GST by amending CGST provisions on time of supply, retrospective relaxation for input tax credit, authorised representative compliance, temporal limits on tax determination provisions, a common provision for tax determination, and conditional waiver of interest and penalty for selected past years; it also exempts GST compensation cess on SEZ imports and reduces customs duties on select items, while planning a six month review to rationalise customs rates and address duty inversion. Articles Goods and Services Tax - GST Thu, 25 Jul 2024 09:18:46 +0530 https://www.taxtmi.com/article/detailed?id=12820