Section 65 Karnataka GST Act 2017 [ Section 65 Karnataka GST Act 2017 explains Audit by tax authorities and is covered in CHAPTER XIII AUDIT] Audit by tax authorities 65. (1) The Commissioner or any officer authorised by him, by way of a general or a specific order, may undertake audit of any registered person for such period, at… Read More »
Section 64 Karnataka GST Act 2017 [ Section 64 Karnataka GST Act 2017 explains Summary assessment in certain special cases and is covered in CHAPTER XII ASSESSMENT ] Summary assessment in certain special cases 64. (1) The proper officer may, on any evidence showing a tax liability of a person coming to his notice, with the previous permission of Additional Commissioner… Read More »
Section 63 Karnataka GST Act 2017 [ Section 63 Karnataka GST Act 2017 explains Assessment of unregistered persons and is covered in CHAPTER XII ASSESSMENT ] Assessment of unregistered persons 63. Notwithstanding anything to the contrary contained in section 73 or section 74, where a taxable person fails to obtain registration even though liable to do so or whose registration has… Read More »
Section 62 Karnataka GST Act 2017 [ Section 62 Karnataka 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 Karnataka GST Act 2017 [ Section 61 Karnataka 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 Karnataka GST Act 2017 [ Section 60 Karnataka 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 Karnataka GST Act 2017 [ Section 59 Karnataka 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. Karnataka GST Act 2017 Karnataka GST Rules 2017 Karnataka GST Notifications Karnataka… Read More »
Section 58 Karnataka GST Act 2017 [ Section 58 Karnataka 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… Read More »
Section 57 Karnataka GST Act 2017 [ Section 57 Karnataka 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… Read More »
Section 56 Karnataka GST Act 2017 [ Section 56 Karnataka 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… Read More »