The CBIC has issued CGST Notification No: 39 dated: 21.12.2021 which notifies the Sections 108, 109, 113 to 122 of Finance Act, 2021 will be enforced effective from 01.01.2022.
The important changes that will be affect businesses, particularly MSME and Small businesses are related to ITC availment and releasing conditions for detained vehicles.
