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7 Important Changes in GST You Must Know in 2022

The 7 important changes that are reflected in the GST India amendment for the year 2022 are given below:

  • The burden of GST on E-Commerce operators

The council decided to amend the GST from January 1, 2022. It decided to levy GST on the E-Commerce operators. Moreover, it includes transport operators and restaurant service providers. But there are some exceptions in this case as well. The finance minister and the GST Council have decided to act upon this starting from January 2022.

  • Correction in the structure of inverted duty in textile and footwear sectors

The GST India council decided to introduce the rate changes of GST for the year 2022 starting from January. It corrects the inverted duty structure of the textile and footwear sectors. All the footwear attracts GST at 12%, including the textile and cotton products, irrespective of the prices. It includes other readymade garments with a GST rate of 12%.

  • Result of non-filing of GSTR-3B

The authority would block the return filing facility of GSTR-3B once you stop submitting the GST return in the form of GSTR-3B. While the taxpayer did not file the return for the month of October and November for the year 2021, the authority would exempt the facility as it will be blocked from January 2022.

  • Rules as per the mandatory Aadhaar authentication for relocation and refund application

Section 109 of the Finance Act also has some amendments. After the clause in subsection 2, another clause got inserted. It is furnished by the supplier in case of the outward supplies. Also, the responsible person should communicate this detail to the recipient of the debit or invoice note. However, one should do it in a manner specified under section 37.

Moreover, the Central Board of Indirect Tax and Customs has notified that the various rules related to the other authentication of GST revocation and refund would be applicable from January 1, 2022. One should keep a check on all the details of the GST on the official website, including the ARN status.

  • Provision of goods and service tax concerning the communication of invoice details or debit note

The amendment in the GST also finds its place in section 114 of the Finance Act. It amended section 75. The authority inserts the expression of self-assessed tax, including all the tax payables. It would not include the return furnished under section 39. However, it would include in the outward supplies furnished under section 37.

  • Inclusion of tax payable of the self-assessed tax

Section 115 of the Finance Act of 2021 looks for amendment into section 83. It says that the purpose of protecting the interest related to the government revenue gets attached to the property or bank account. It should belong to the taxable person or any person stated in subsection 1A of section 122.

  • Non-filing of any appeal against section 129 part three order

The amendment to the Goods and Service Tax seems to be an amendment to section 107 of the Finance Act 2021. It rightly states that one would file no appeal against any order under section 129 with subsection 3. It would be the case unless the applicant gives a 25% penalty.

Apart from that, one can seek changes in section 119 of the Finance Act. It aptly substitutes section 151, mainly ‘power to call for information.’ Moreover, the proper officer in charge of seizing or detailing conveyance or goods should issue a notice within the 7 days of seizure or detention. Hence these are the 7 important changes that one might have in the Goods and Service Tax in the Year 2022.

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