Effective GST Changes w.e.f October 01, 2023 | Important GST Law Changes Effective from 1st Oct 2023
Effective GST Changes w.e.f October 01, 2023 | Important GST Law Changes Effective from 1st Oct 2023 discussed by CA. Satuti Mahajan.
Composition Levy Extended for Ecommerce Goods Suppliers (Section 10 CGST Act, 2017).
Clarificatory Amendment Concerning Payment to Supplier within 180 Days (Section 16 of CGST Act, 2017).
Inclusion of Sale of Warehoused Goods in Value of Exempt Supply (Section 17(3) of CGST).
ITC Blocked on CSR Activities (Section 17(5)(fa) of CGST).
Retrospective Overriding Effect of Section 23(2) on Sections 22 and 24.
Time Limit for Application for Revocation of Cancelled Registration (Section 30 & Rule 23).
Limitation on Filing Returns (Section 37, 39, 44, 52 of CGST).
Refunds and Interest on Delayed Refunds (Section 54 & 56 of CGST and Rule 94).
Assessment of Unregistered Persons (Section 62 of CGST).
Penalty for Certain Offences (Section 122(1B) of CGST).
Punishment for Certain Offences (Section 132 of CGST).
Compounding of Offences (Section 138 of CGST and Rule 162).
Consent-Based Sharing of Information (Section 158A of CGST Rule 162).
Retrospective Applicability of Schedule III (Schedule III of CGST and Rule 43).
Scope of OIDAR Services Widened (Section 2(17) of IGST Act).
Deletion of Liability on Import Ocean Freight in CIF Imports (Notification 11, 12 & 13/2023-IGST Rate).
DISCLAIMER :-
This Video is for the purposes of information / knowledge and shall not be treated as solicitation in any manner or of for any other purposes whatsoever.
It shall not to be used for any legal advice /opinion and shall not to be used to rendering any professional opinion. Viewers are advised to kindly go through to original Government publications / notifications and published case laws or judicial pronouncements.
The statements and opinions expressed in video are those of the speaker and do not necessarily reflect those of the CA Sansaar or any of its employees. CASansaar Team does not take any responsibility for the views of the Speaker.
Our Social Links - Follow CA Sansaar
YouTube / casansaarca
Twitter / casansaar
Facebook / casansaarca
Linkedin / casansaar