Changes to GST rules in Budget the joker in the pack

Atmanirbhar Bharat Ka Atmanirbhar Budget was presented today with a lot of amendments hidden in the Finance Bill 2022, especially on the GST front. Even though the theme of the budget seems to be supportive of the industry by an expansion of the capex spend by the government, the GST changes seem to be of different footing. Let us take a look at the key changes: Compliance changes The earlier conc…