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CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · Compliance Rating, Anti-Profiteering, GST Practitioners and Authorised Representative

Ananya Traders has been assigned a GST compliance rating score. Which of the following is consistent with Section 149(3)?

Under Section 149(3) the score may be updated at periodic intervals, intimated to the registered person and also placed in the public domain in the prescribed manner. It is therefore neither permanent nor confidential.

  1. AThe score may be updated at periodic intervals, intimated to the registered person and placed in the public domain as prescribedCorrect
  2. BThe score, once assigned, can never be updated
  3. CThe score must be kept confidential and cannot be published
  4. DThe score is intimated only to the jurisdictional officer and not to the registered person

Explanation

Section 149(3) provides that the score may be updated at periodic intervals and intimated to the registered person and also placed in the public domain in the prescribed manner. Options saying it is fixed, confidential or not intimated contradict this.

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