https://www.taxtmi.com/article/detailed?id=13261 The 55th GST Council proposed measures to strengthen compliance and procedural mechanisms, including statutory authorisation for a track and trace system for specified goods, a legal framework for Invoice Management Systems, and inclusion of inter state RCM transactions within ISD from 01.04.2025. It recommended a retrospective amendment to section 17(5)-replacing 'plant or machinery' with 'plant and machinery'-to nullify the effect of the Safari decision from 1 July 2017, and approved uniform 18% GST on supplies of used vehicles under the margin scheme, changes to hotel/restaurant rate linkage, voucher tax clarifications, targeted exemptions, and expedited registration procedures. en-us Mon, 30 Dec 2024 10:45:17 +0530 Mon, 30 Dec 2024 10:45:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13261 The 55th GST Council proposed measures to strengthen compliance and procedural mechanisms, including statutory authorisation for a track and trace system for specified goods, a legal framework for Invoice Management Systems, and inclusion of inter state RCM transactions within ISD from 01.04.2025. It recommended a retrospective amendment to section 17(5)-replacing 'plant or machinery' with 'plant and machinery'-to nullify the effect of the Safari decision from 1 July 2017, and approved uniform 18% GST on supplies of used vehicles under the margin scheme, changes to hotel/restaurant rate linkage, voucher tax clarifications, targeted exemptions, and expedited registration procedures. Articles Goods and Services Tax - GST Mon, 30 Dec 2024 10:45:17 +0530 https://www.taxtmi.com/article/detailed?id=13261