This document is the 338th issue of Tax Connect, focusing on GST and related tax matters. It discusses recent amendments to Input Tax Credit (ITC) claims under GST, the proposed omission of credit-matching concepts, and the importance of robust internal controls for timely ITC claims. The issue also covers updates on Virtual Digital Assets, FEMA, Customs, DGFT, and a commentary on the Union Budget 2022-23. It's a valuable resource for tax professionals and businesses navigating complex tax regulations.