Section 62 Gujarat GST Act 2017 ( Section 62 Gujarat GST Act 2017 explains Assessment of non-filers of returns and is covered in CHAPTER XII ASSESSMENT ) Assessment of non-filers of returns 62. (1) Notwithstanding anything to the contrary contained in section 73 or section 74, where a registered person fails to furnish the return under section 39 or section 45,… Read More »
Section 61 Gujarat GST Act 2017 ( Section 61 Gujarat GST Act 2017 explains Scrutiny of returns and is covered in CHAPTER XII ASSESSMENT ) Scrutiny of returns 61. (1) The proper officer may scrutinize the return and related particulars furnished by the registered person to verify the correctness of the return and inform him of the discrepancies noticed, if any,… Read More »
Section 60 Gujarat GST Act 2017 ( Section 60 Gujarat GST Act 2017 explains Provisional assessment and is covered in CHAPTER XII ASSESSMENT ) Provisional assessment 60. (1) Subject to the provisions of sub-section (2), where the taxable person is unable to determine the value of goods or services or both or determine the rate of tax applicable thereto, he may… Read More »
Section 59 Gujarat GST Act 2017 ( Section 59 Gujarat GST Act 2017 explains Self-assessment and is covered in CHAPTER XII ASSESSMENT ) Self-assessment 59. Every registered person shall self-assess the taxes payable under this Act and furnish a return for each tax period as specified under section 39. Gujarat GST Act 2017 Gujarat GST Rules 2017 Gujarat GST Notifications Gujarat… Read More »
Section 58 Gujarat GST Act 2017 ( Section 58 Gujarat GST Act 2017 explains Utilisation of Fund and is covered in CHAPTER XI REFUNDS ) Utilisation of Fund 58. (1) All sums credited to the Fund shall be utilised by the Government for the welfare of the consumers in such manner as may be prescribed. (2) The Government or the authority specified… Read More »
Section 57 Gujarat GST Act 2017 ( Section 57 Gujarat GST Act 2017 explains Consumer Welfare Fund and is covered in CHAPTER XI REFUNDS ) Consumer Welfare Fund 57. The Government shall constitute a Fund, to be called the Consumer Welfare Fund and there shall be credited to the Fund,— (a) the amount referred to in sub-section (5) of section 54;… Read More »
Section 56 Gujarat GST Act 2017 ( Section 56 Gujarat GST Act 2017 explains Interest on delayed refunds and is covered in CHAPTER XI REFUNDS ) Interest on delayed refunds 56. If any tax ordered to be refunded under sub-section (5) of section 54 to any applicant is not refunded within sixty days from the date of receipt of application under… Read More »
Section 55 Gujarat GST Act 2017 ( Section 55 Gujarat GST Act 2017 explains Refund in certain cases and is covered in CHAPTER XI REFUNDS ) Refund in certain cases 55. The Government may, on the recommendations of the Council, by notification, specify any specialized agency of the United Nations Organization or any Multilateral Financial Institution and Organization notified under the… Read More »
Section 54 Gujarat GST Act 2017 ( Section 54 Gujarat GST Act 2017 explains Refund of tax and is covered in CHAPTER XI REFUNDS ) Refund of tax 54. (1) Any person claiming refund of any tax and interest, if any, paid on such tax or any other amount paid by him, may make an application before the expiry of two… Read More »
Section 53 Gujarat GST Act 2017 ( Section 53 Gujarat GST Act 2017 explains Transfer of input tax credit and is covered in CHAPTER X PAYMENT OF TAX ) Transfer of input tax credit 53. On utilisation of input tax credit availed under this Act for payment of tax dues under the Integrated Goods and Services Tax Act in accordance with… Read More »