GST compliance rating under GST (India) : Key Points

By | October 11, 2016

GST Compliance Rating

Key Points about GST compliance rating

  • Coverage:- GST compliance rating  is covered under Section 116 of Model GST Law
  • GST compliance rating for  Every taxable person :- Every taxable person shall be assigned a GST compliance rating score based on his record of compliance with the provisions of this Act.
  • Parameters for GST compliance rating :- The GST compliance rating score shall be determined on the basis of parameters to be prescribed in this behalf.
  • Intimation of GST compliance rating score :-The GST compliance rating score shall be updated at periodic intervals and intimated to
    • The taxable person and
    • Placed in the public domain

in the manner prescribed.

  • Grant of provisional refund :one of the condition for grant of  provisional refund (80%) under sub-section (4A) of section 38 ( Exporters of goods or services ) is the GST compliance rating of the applicant is not less than five on a scale of ten

Free Education Guide on Goods & Service Tax (GST)


SR No

Topic -GST

Resources

1

Model GST Law

Model GST Law

2

GST Overview

Goods and Services Tax (GST): An Overview

Integrated Goods & Service Tax (IGST) Act Overview

Meaning and Scope of Supply

Time of Supply

Place of Supply of Goods and Service under GST

Valuation in GST

Levy of GST & Exemption from Tax

Job Work under Goods & Service Tax (GST)

Electronic Commerce under Goods & Service Tax (GST)

3

Transition to GST

Transitional Provisions in Goods & Service Tax (GST)

4

Registration

GST Registration FAQ’s

GST Registration Process -Video

GST -Draft Registration Rules

GST -Draft Registration Formats

5

Invoice

GST Draft Invoice Rules released by CBEC

GST Draft Invoice formats Released by CBEC

6

Input Tax Credit

Input Tax Credit under Goods & Service Tax (GST)

Concept of Input Service Distributor in Goods & Service Tax (GST)

7

Payment

GST Payment of Tax

GST Draft Payment Rules Released by CBEC

GST Draft Payment formats Released by CBEC

8

Refunds

Refund under GST

Draft GST Refund Forms released by CBEC

Draft GST Refund Rules released by Govt

9

Returns

Returns Process and matching of Input Tax Credit under GST

Draft GST Return Rules Released by Govt

Draft GST Return Formats released by Govt

10

Assessment and Audit

Assessment and Audit under GST

11

Inspection, Search, Seizure and Arrest

Inspection, Search, Seizure and Arrest under GST

12

Offences, Penalty, Prosecution & Compounding

Offences, Penalty, Prosecution & Compounding in GST

13

Demands and Recovery

Demands and Recovery under GST

14

Appeals and Review

Appeals, Review and Revision in GST

15

Advance Ruling

Advance Ruling in Goods and Service Tax (GST)

16

Settlement Commission

Settlement Commission in Goods and Service Tax (GST)

17

GST Portal

Frontend Business Process on GST Portal

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