Section 50 Delhi GST Act 2017 ( Section 50 Delhi GST Act 2017 explains Interest on delayed payment of tax and is covered in CHAPTER-X PAYMENT OF TAX ) Interest on delayed payment of tax 50. (1) Every person who is liable to pay tax in accordance with the provisions of this Act or the rules made thereunder, but fails to… Read More »

Section 49 Delhi GST Act 2017 ( Section 49 Delhi GST Act 2017 explains Payment of tax, interest, penalty and other amounts and is covered in CHAPTER-X PAYMENT OF TAX ) Payment of tax, interest, penalty and other amounts 49. (1) Every deposit made towards tax, interest, penalty, fee or any other amount by a person by internet banking or by… Read More »

Section 48 Delhi GST Act 2017 ( Section 48 Delhi GST Act 2017 explains Goods and services tax practitioners and is covered in CHAPTER- IX RETURNS )  Goods and services tax practitioners 48. (1) The manner of approval of goods and services tax practitioners, their eligibility conditions, duties and obligations, manner of removal and other conditions relevant for their functioning shall… Read More »

Section 47 Delhi GST Act 2017 ( Section 47 Delhi 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 section… Read More »

Section 46 Delhi GST Act 2017 ( Section 46 Delhi 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 or section 44 or section 45, a notice shall be issued requiring him to furnish such return within… Read More »

Section 45 Delhi GST Act 2017 ( Section 45 Delhi 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 Delhi GST Act 2017 ( Section 44 Delhi 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 Delhi GST Act 2017 ( Section 43 Delhi 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 in… Read More »

Section 42 Delhi GST Act 2017 ( Section 42 Delhi 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 »