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    <title>Important Key Highlights of 50th GST Council Meeting</title>
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    <description>Recommendations address rate and incidence clarifications, tightened reconciliation and reporting, and registration safeguards: trade measures on GTA declarations, cinema supply classification, and simplified invoicing for certain unregistered recipients; circulars to verify past ITC mismatches, targeted annual return exemptions and continued relaxations, extended amnesty for non filers, mandatory ISD distribution for third party services, e invoice issuance to specified government-registered entities, and system-based intimation for excess ITC; plus rule amendments to require bank account and PAN details, permit system-based suspension and automatic revocation of registrations, and strengthen physical verification rules.</description>
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    <pubDate>Sat, 22 Jul 2023 20:29:08 +0530</pubDate>
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