This document is the 330th issue of Tax Connect, covering the period of 26th December 2021 to 1st January 2022. It provides updates and analysis on various tax and regulatory matters, including changes in GST rules for Input Tax Credit and recovery of tax, income tax reassessment procedures, FEMA circulars on export finance, customs notifications on anti-dumping duties, and DGFT updates on import policies. This issue is particularly useful for tax professionals, businesses, and individuals seeking to stay informed about the latest compliance requirements and legal interpretations in India.