Section 42 Gujarat GST Act 2017 ( Section 42 Gujarat 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”) for… Read More »
Section 41 Gujarat GST Act 2017 ( Section 41 Gujarat 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 the… Read More »
Section 40 Gujarat GST Act 2017 ( Section 40 Gujarat 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 same… Read More »
Section 39 Gujarat GST Act 2017 ( Section 39 Gujarat 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 or section 51 or section 52… Read More »
Section 38 Gujarat GST Act 2017 ( Section 38 Gujarat 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 or section… Read More »
Section 37 Gujarat GST Act 2017 ( Section 37 Gujarat GST Act 2017 explains Furnishing details of outward supplies and is covered in CHAPTER IX RETURNS ) Furnishing details of outward supplies 37. (1) Every registered person, other than an Input Service Distributor, a non-resident taxable person and a person paying tax under the provisions of section 10 or section 51… Read More »
Section 36 Gujarat GST Act 2017 ( Section 36 Gujarat GST Act 2017 explains Period of retention of accounts and is covered in CHAPTER VIII ACCOUNTS AND RECORDS ) Period of retention of accounts 36. Every registered person required to keep and maintain books of account or other records in accordance with the provisions of sub-section (1) of section 35… Read More »
Section 35 Gujarat GST Act 2017 ( Section 35 Gujarat GST Act 2017 explains Accounts and other records and is covered in CHAPTER VIII ACCOUNTS AND RECORDS ) Accounts and other records 35. (1) Every registered person shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration, a true and correct account of-… Read More »
Section 34 Gujarat GST Act 2017 ( Section 34 Gujarat GST Act 2017 explains Credit and debit notes and is covered in CHAPTER VII TAX INVOICE, CREDIT AND DEBIT NOTES ) Credit and debit notes 34. (1) Where a tax invoice has been issued for supply of any goods or services or both and the taxable value or tax charged… Read More »
Section 33 Gujarat GST Act 2017 ( Section 33 Gujarat GST Act 2017 explains Amount of tax to be indicated in tax invoice and other documents and is covered in CHAPTER VII TAX INVOICE, CREDIT AND DEBIT NOTES ) Amount of tax to be indicated in tax invoice and other documents 33. Notwithstanding anything contained in this Act or any… Read More »