48th Meeting Of GST Council | New Changes in GST | Rule 37A, Rule 88C, Rule 109C | Webtel
48th Meeting Of GST Council | New Changes in GST | Rule 37A, Rule 88C, Rule 109C | Webtel
Under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman, the 48th GST Council meeting was held on 17th December 2022, through video conference.
The 48th GST Council meeting introduced several recommendations related to GST tax rate changes, trade facilitation measures, and measures for streamlining compliance with GST.
This video of Compliance Tuesday talks about “The New Rules in the 48th GST COUNCIL MEETING”
New Rules introduced in the 48th GST COUNCIL MEETING
[Rule 37A,Rule 88C,Rule 109C]
Notification No. 26/2022 –Central Tax dated 26 December 2022
👉 Topics Covered:
Rule 37A: Reversal of ITC in case of non-payment of tax by the supplier & re-availing
Rule 88C: Manner of dealing with difference in liability reported in GSTR-1 & GSTR-3B
Rule 109C: Facility to withdraw appeal application
Other Changes
For more queries and complete updates on the 48th GST Council Meet, Read: https://webtel.in/Blog/48th-gst-counc...
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