Most asked questions from the Government on GST.
Question 28
What is the purpose of Compliance rating mechanism?
Question 5, click Here
Ans. As per Section 149 of the CGST/SGST Act, every registered person shall be assigned a compliance rating
based on the record of compliance in respect of specified parameters.
Such ratings shall also be placed in the public domain.
A prospective client will be able to see the compliance ratings of suppliers and take a decision
States/ Union territory would be called the State GST (SGST)/ UTGST.
as to whether to deal with a particular supplier or not. This will create healthy competition amongst taxable persons.
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