CBIC vide notification no:18/2022-Central Tax dated 28 September 2022 had notified that the amendments made by Union Finance Act, 2022 will be effective 1 October 2022. As per the amendments, the time limit for undertaking compliances stands extended to 30 November following the end of the financial year or the furnishing of the relevant annual return, whichever is earlier.
Source BDO
Latest Posts in "India"
- GST 2.0: Key Changes, New Rates, and Business Impact Explained
- Guide to GST Refunds for Unregistered Persons: Cancelled Service Contracts Explained
- India Reduces GST on Solar and Wind Equipment to 5%, Cutting Renewable Energy Project Costs
- India Unveils Next-Gen GST: Simplified Tax Structure, Lower Rates, Boosts Business and Affordability
- Piyush Goyal Urges Industries to Pass GST Benefits to Consumers for Economic Growth
