The GST Act 2017 has introduced “Compliance rating” and every assesse will be rated with a score. The score will be based on his record of compliance with the provisions of the GST Act. Compliance rating scores would be determined based on certain factors such as regular payment of taxes, timely E-filing of GST returns, …

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We all thought that GST was going to be the biggest news of FY 2016-17, whereas demonetisation has stolen the lime light for the past two months.

We all thought that GST was going to be the biggest news of FY 2016-17, whereas demonetisation has stolen the lime light for the past two months.