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TMI BlogINTRODUCTIONX X X X Extracts X X X X X X X X Extracts X X X X ..... axable person is required to himself assess his liability of taxes payable and furnish a return for each tax period. 1.2. The provisions of CGST Act, 2017 and CGST Rules, 2017 relevant to this Chapter are as under - Sr. No. Section/ Rules Provisions pertaining to 1. Section 37 and Rule 59 Furnishing details of outward supplies 2. Section 38 and Rule 60 Furnishing details of inward suppli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ule 65 Submission of return by Input Service Distributor 17. Rule 67 Form and manner of submission of statement of supplies through an e-commerce operator 18. Rule 67A Manner of furnishing of return or details of outward supplies by SMS facility 19. Rule 68 Notice to Non-Filer 20. Section 125 Delay in filing GSTR-9C attracts general penalty 21. Rule 82 Details of inward supplies of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d by suppliers to return filed by recipients. * Matching of invoice information. * Automatic reversal of ITC in the event of mismatch of the invoice information. 1.5. The returns filed by the Taxpayer are scrutinised by the proper officer to verify the correctness of the tax liability discharged on the supplies made by such Taxpayer. If any discrepancies are observed, then the officer may ask ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ypes of Returns to be filed under the GST law. The type (Form) and manner of furnishing the returns by various class of Taxpayers is provided under Rule 59 to 67A of the CGST Rules, 2017. 1.8. A regular Taxpayer has to furnish monthly returns and one annual return. The GST law also provides a facility called Quarterly Return Monthly Payment (QRMP), for the Taxpayers with turnover less than Rs. 5 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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