TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2022's Clause 103 proposes new Section 38 for streamlined GST return filing, replacing two-way communication.</h1> Clause 103 of the Finance Bill, 2022, proposes replacing section 38 of the Central Goods and Services Tax Act. The new section mandates the electronic provision of details regarding outward supplies and input tax credit to recipients, eliminating the two-way communication process in return filing. The auto-generated statement will include details of inward supplies eligible for input tax credit and those ineligible due to specific conditions, such as registration timing, tax payment defaults, discrepancies in output tax, excess input tax credit claims, or other prescribed conditions.
TaxTMI 
TaxTMI 
