Embracing change is the essence of progress, following the recommendations of the 50th and 51st GST Council meetings, the Government has officially notified that the amendments to the CGST Act through the CGST Amendment Act, 2023, which will come into effect from October 2023. The recent 52nd GST Council has also initiated a series of substantial changes that carry wide-ranging implications for taxpayers and the overall GST framework. These decisions are driven by the goals of simplifying processes, reducing legal disputes, and providing greater clarity.
In this edition of our newsletter, we have curated a diverse range of articles including insights from the industry experts that cover a variety of topics, including recent tax reforms, emerging trends in the industry, and updates from the global tax arena. Alongside these updates, here are the salient developments covered in this Newsletter:
In addition, thereto, true to our view of bringing news which are beyond facts, we have covered all the judicial and regulatory developments in direct and indirect taxes with interesting insights. We have also covered developments of the erstwhile indirect tax laws, which can be helpful precedents for disposing the pending litigations.
We are pleased to present to you the 36th Edition of our 'Vision 360' Newsletter in partnership with TIOL. This edition encapsulates the pivotal judicial and legislative advancements in Direct Tax, Indirect Tax, and other regulatory domains throughout the month of September 2023. We trust that perusing this newsletter will provide you with an enriching experience. Your valuable feedback is always appreciated and can be shared with us at consult@gstlegal.co.in or updates@gstlegal.co.in
Disclaimer:
The information provided in this update is intended for informational purposes only and does not constitute legal opinion or advice. Readers are requested to seek formal legal advice prior to acting upon any of the information provided herein. This update is not intended to address the circumstances of any particular individual or corporate body. There can be no assurance that the judicial/ quasi judicial authorities may not take a position contrary to the views mentioned hereinrra quis.
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