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India GST Update – Recommendations of the 48th GST council meeting

The 48th GST Council Meeting took place on December 17, 2022, bringing together top government officials and experts to discuss updates and changes to India’s Goods and Services Tax. In this meeting, several important recommendations were made that will impact businesses and consumers alike.

These recommendations are expected to bring much-needed clarity and simplicity to India’s GST system and streamline India’s GST system, making it easier for businesses to comply with tax laws and for consumers to understand the impact of the changes.

If you are a business owner, it is essential to stay informed about the latest GST updates and ensure that your company is compliant with all the latest rules.