Section 47 Telangana GST Act 2017 [ Section 47 Telangana GST Act 2017 explains Levy of late fee and is covered in Chapter IX : Returns ] Levy of late fee. 47. (1) Any registered person who fails to furnish the details of outward or inward supplies required under section 37 or section 38 or returns required under section 39 or… Read More »
Section 46 Telangana GST Act 2017 [ Section 46 Telangana GST Act 2017 explains Notice to return defaulters and is covered in Chapter IX : Returns ] Notice to return defaulters. 46. Where a registered person fails to furnish a return under section 39, section 44 or section 45, a notice shall be issued requiring him to furnish such return within… Read More »
Section 45 Telangana GST Act 2017 [ Section 45 Telangana GST Act 2017 explains Final return and is covered in Chapter IX : Returns ] Final return. 45. Every registered person who is required to furnish a return under sub-section (1) of section 39 and whose registration has been cancelled shall furnish a final return within three months of the date… Read More »
Section 44 Telangana GST Act 2017 [ Section 44 Telangana GST Act 2017 explains Annual return and is covered in Chapter IX : Returns ] Annual return. 44. (1) Every registered person, other than an Input Service Distributor, a person paying tax under section 51 or section 52, a casual taxable person and a non-resident taxable person, shall furnish an annual… Read More »
Section 43 Telangana GST Act 2017 [ Section 43 Telangana GST Act 2017 explains Matching, reversal and reclaim of reduction in output tax liability. and is covered in Chapter IX : Returns ] Matching, reversal and reclaim of reduction in output tax liability. 43. (1) The details of every credit note relating to outward supply furnished by a registered person (hereafter… Read More »
Section 42 Telangana GST Act 2017 [ Section 42 Telangana GST Act 2017 explains Matching, reversal and reclaim of input tax credit and is covered in Chapter IX : Returns ] Matching, reversal and reclaim of input tax credit. 42. (1) The details of every inward supply furnished by a registered person (hereafter in this section referred to as the “recipient”)… Read More »
Section 41 Telangana GST Act 2017 [ Section 41 Telangana GST Act 2017 explains Claim of input tax credit and provisional acceptance thereof and is covered in Chapter IX : Returns ] Claim of input tax credit and provisional acceptance thereof. 41. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed, be entitled to take… Read More »
Section 40 Telangana GST Act 2017 [ Section 40 Telangana GST Act 2017 explains First Return and is covered in Chapter IX : Returns ] First Return. 40. Every registered person who has made outward supplies in the period between the date on which he became liable to registration till the date on which registration has been granted shall declare the… Read More »
Section 39 Telangana GST Act 2017 [ Section 39 Telangana GST Act 2017 explains Furnishing of Returns and is covered in Chapter IX : Returns ] Furnishing of Returns. 39. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of section 10, section 51 or section 52… Read More »
Section 38 Telangana GST Act 2017 [ Section 38 Telangana GST Act 2017 explains Furnishing details of inward supplies and is covered in Chapter IX : Returns ] Furnishing details of inward supplies. 38. (1) Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of section 10, section… Read More »