GST News and Updates – November 2022


GST Notifications

CGST Notification 18/2022 – Reporting of Outward Supplies and Claiming ITC for FY 21-22

  • Availment of Input Tax Credits based upon Invoices of 2021-22 – The last date for availing the credit was extended to 30th November [Section 16(4)]
  • Amendments in Value of Outward Supply and Taxes Thereon pertaining any invoices raised in the FY 21-22 – The last date for reporting was extended to 30th November [Section 37(3) and 39(9)]

CGST Notification 22/2022-Central Tax dated 15-11-2022: New changes in ITC Claims for GSTR 9 and invoice amendments until 30th November 2022

CGST Notification 23/2022-Central Tax dated 23-11-2022: Empowering the Competition Commission of India to handle anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022

CGST Notification 24/2022-Central Tax dated 23-11-2022: Seeks to make fourth amendment (2022) to CGST Rules with effect from 01.12.2022

GST Circulars


GST Circular No. 181/13/2022 dated 10-11-2022: Issued to clarify that refund related amendments will apply prospectively.

GST Circular 182/2022 dated 10-11-2022: Issued to provide the verification procedure for allowing transitional credit claims made by taxpayers during the period 1st October 2022 up to 30th November 2022. Order of the Hon’ble Supreme Court in the Union of India vs. Filco Trade Centre Pvt. Ltd., SLP(C) No. 32709-32710/2018, order dated 22.07.2022 & 02.09.2022.

GST revenue collected for November 2022

The gross GST revenue collected in the month of November 2022 is Rs. 1,45,867 crores. The revenues for the month of November 2022 are 11% higher than the GST revenues in the same month last year, which itself was Rs. 1.31,526 crores.