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CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · Overview of Goods and Services Tax

As per section 149 of the CGST Act, 2017, on what basis may the compliance rating score be determined?

The compliance rating score may be determined on the basis of such parameters as may be prescribed. The Act leaves the parameters to the rules, so they are not fixed by officer discretion or a single factor such as ITC claimed or the number of branches.

  1. AThe amount of input tax credit claimed in the previous year
  2. BSuch parameters as may be prescribedCorrect
  3. CThe discretion of the proper officer during each assessment
  4. DThe number of branches registered under the same PAN

Explanation

Section 149(2) states that the score may be determined on the basis of such parameters as may be prescribed. It is therefore rule-based and not left to an officer's discretion or a single fixed factor such as ITC amount.

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