Compulsory Reversal of GST Credit by Buyers for Non-Payment of GST by Suppliers w.e.f October 1, 2022 image

Compulsory Reversal of GST Credit by Buyers for Non-Payment of GST by Suppliers w.e.f October 1, 2022

The CBIC vide Notification No. 18/2022- Central Tax dated September 28, 2022 notified the following changes in this regard vide Sections 100 and Section 106 of the Finance Act, 2022 in the Central Goods and Services Tax Act, 2017 (“the CGST Act”) w.e.f. October 01, 2022.

To Read Complete changes along with Notification, Click here 

Watch our video by clicking here for more details. https://youtu.be/VdOajj6JwFU

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