Stricter GST rules from January 1: All you need to know

Some existing GST rules will get stricter from January 1, 2022. Here is all you need to know.

The central government has decided to introduce some amendments to the existing Goods and Services Tax (GST) regime to prevent fraudulent activities related to billing and recovery. The new rules will come into effect from January 1, 2022.

The amendments, announced as part of the Finance Act 2021, are aimed at making the indirect tax regime stricter. The changes are related to issues such as taxable supply, eligibility for input tax credits and rules for filing appeals in some cases.