Change in GST Law in the Interim Budget 2024
Input Service Distributor (ISD) Mechanism made compulsory (Previously it was Optional)
New Section of Penalty introduced (Section 122A) for penalty incase on failure to register certain machines used in manufacture of goods
(Tobacco Industry)
*Proposed, yet to be passed, yet to be notified
CA Deep Koradiya

Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income Tax judgements to EPFO schemes and corporate law updates, TaxConcept serves as a reliable, authoritative guide for chartered accountants, businesses, and everyday taxpayers seeking absolute compliance clarity.
