Interest Rate on Wrongly Availed Input Tax Credit Reduced from 24% to 18% under CGST Act, Effective July 1, 2017.
CGST Act 2017: All Functions, Except E-Invoicing, Now Through GST Portal After Finance Act 2022 Amendments.
Amendment to Section 168 CGST Act 2017 boosts commissioner's authority for better GST administration and compliance.
CGST Act 2017 Update: New Form for Tax Refunds, Officer Can Withhold Refunds, SEZ Supply Date Clarified, Sec 54.
CGST Act Section 52 Amended: New Deadline for Tax Collection Statement Submission to Enhance GST Compliance.
Interest on Delayed Tax Payments and ITC Misuse Updated in CGST Act, 2017: Key Amendments to Section 50.
CGST Act Section 49 Amended: Transfers Between Heads, ITC Utilization Restrictions to Streamline Tax Payments and Enhance Control.
Amendments to Section 48 of CGST Act Impact GST Practitioners Following Section 38 Substitution.
Amendments to CGST Act Section 47 Modify Late Fee Rules for Returns, Aiming to Streamline GST Tax Processes.
Section 43A of CGST Act 2017, detailing returns and ITC procedures, omitted due to amendments in ITC scheme.
Section 43 of CGST Act, 2017, omitted; impacts Input Tax Credit management and claims under new GST framework.
Section 42 Removed from CGST Act: Changes in Input Tax Credit Matching, Reversal, and Reclaim Under GST Framework.
Section 41 CGST Amendment: Reverse Input Tax Credit with Interest if Supplier Doesn't Pay Tax.
Amendments to Section 39 of CGST Act, 2017 streamline GSTR 3B filing, enhance compliance, and improve GST efficiency.
Section 38 of CGST Act 2017 Updated: Auto-Populated ITC Statement Introduced to Streamline Taxpayer Process and Enhance Accuracy.
Amendments to Section 37 of the CGST Act, 2017, streamline GSTR-1 submissions, enhancing compliance and tax administration.
CGST Act 2017 Section 34(2) Amended: New Time Limit for Issuing Credit Notes Affects Business Tax Compliance.
GST Registration Can Be Suspended or Canceled for Late Returns Under Amended Section 29(2) of CGST Act 2017.
Deadline for ITC Claims: File by November 30 or with Annual Return as per Amended Section 16, CGST Act.
Eligibility for Input Tax Credit Under CGST Act Requires Compliance with Section 16 Conditions and Restrictions.
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