With the recent changes in the time limit to make amendments and claim ITC in GST returns in respect of preceding financial year up to 30 November 2022, the businesses are hustling to complete their reconciliation of both revenue and ITC. This extension has given the much-needed window to make corrections in the GST returns itself before they start filing the GSTR-9 and GSTR-9C for FY 2021-22.
Source Taxguru
Latest Posts in "India"
- India’s GST Council Recommends Tax Exemptions, Simplified Structure, and Rate Reductions Effective September 22
- Nirmala Sitharaman Explains GST Reforms Using Popcorn Example to Highlight Classification Challenges
- GST Overhaul: Cheaper Small Cars, Bikes; Higher Tax on Premium Vehicles from September 22, 2025
- GST Revamp: 40% Tax on Sin Goods and Luxury Items Explained
- GST Council Unveils Next-Gen Reforms: Export Services, Refunds, Tribunal, and Rate Simplification