Section 47 Jammu & Kashmir GST Act 2017 ( Section 47 Jammu & Kashmir 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… Read More »
Section 46 Jammu & Kashmir GST Act 2017 ( Section 46 Jammu & Kashmir 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… Read More »
Section 45 Jammu & Kashmir GST Act 2017 ( Section 45 Jammu & Kashmir 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… Read More »
Section 44 Jammu & Kashmir GST Act 2017 ( Section 44 Jammu & Kashmir 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… Read More »
Section 43 Jammu & Kashmir GST Act 2017 ( Section 43 Jammu & Kashmir 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… Read More »
Section 42 Jammu & Kashmir GST Act 2017 ( Section 42 Jammu & Kashmir 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… Read More »
Section 41 Jammu & Kashmir GST Act 2017 ( Section 41 Jammu & Kashmir 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… Read More »
Section 40 Jammu & Kashmir GST Act 2017 ( Section 40 Jammu & Kashmir 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… Read More »
Section 39 Jammu & Kashmir GST Act 2017 ( Section 39 Jammu & Kashmir 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… Read More »
Section 38 Jammu & Kashmir GST Act 2017 ( Section 38 Jammu & Kashmir 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… Read More »