Latest GST updates in July-2022

GST Latest Updates 2022

There are latest gst notifications 2022 issued in July-2022 and certain changes in gst have been made. Notification No 09/2022, 10/2022, 11/2022, 12/2022, 13/2022 and 14/2022 of Central Tax have been issued on 05/07/2022. All these notifications are taking place from 05.07.2022. In this article the changes in GST by these notifications have been presented … Read more

Changes in GST Budget 2022

gst changes in Budget 2022

Introduction GST budget 2022-23. The finance bill 2022 was presented in Lok Shabha on 1/02/2022by Honorable Finance Minster Nirmala Sitharaman In GST, many changes have been proposed like changes in ITC provisions, extension of time limit  for issuance of credit notes, changes in furnishing details of outward supply, changes in interest provisions and any other … Read more

CBIC issues Guidelines for Recovery Proceedings under CGST Act, 2017

gst-recovery-proceedings

Small Introduction The scope of self-assessment tax has been widened by recent amendment in GST. As per the changes in the GST law effective January 1, GST officers have been  allowed to directly initiate recovery action against those errant businesses which showed higher sales in monthly return GSTR-1 but under-report it while tax payment in … Read more