Article explains Important Changes in GST effective from 1st Jan, 2022.
Page Contents
- 1. Changes in GST impacting On E-Commerce Operators i.e.Zomato, Swiggy etc.
- 2. Recovery of Self-assessment tax without Opportunity of Difference between GSTR-1 and GSTR-3B
- 3. ITC available only When Supplier files his GSTR-1 and makes payment
- 4. Blocking of GSTR-1 for non-filing of GSTR 3B.
- 5. Mandatory Aadhaar authentication for GST Revocation & Refund application.
- 6. Commissioner empowered to attach provisionally, any property, including bank account.
- 7. Amendments in Sec. 129 & 130 of CGST Act, 2017
- 8. No appeal to be filed against section 129(3) order, unless a sum equal to 25% of the penalty is paid.
- 9. Changes in GST rate on footwear from 5% to 12%.
- 10. GST rate on Works Contract Services for specified Contracts to Government Authority and Government Entity
- 11. GST on services provided by Club or Association to its members retrospectively w.e.f. July 01 2017
Source Taxguru
