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GST ComplianceSection 46 of CGST Act: Notice to return defaulters (updated till on July 2024)
Section 46 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 46 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
GST ComplianceSection 54 of CGST Act: refund of GST (Updated till on July 2024)
Section 54 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 54 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
GST ComplianceSection 42 of CGST Act: Matching,reversal and reclaim of ITC (Updated Till July 2024)
Section 42 of the CGST Act as amended by the Finance Act 2023 Note: Section 42 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Section 42
Section 37 of CGST Act: outward supply details (updated till July 2024)
Section 37 of the CGST Act as amended by the Finance Act 2023 Note: Section 37 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Section 37
GST ComplianceSection 41 of CGST Act:provisional Claim of ITC (Updated till July 2024 )
Section 41 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 41 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
Section 57 of CGST Act: Consumer Welfare fund (updated till July 2024)
Section 57 of CGST Act as amended upto Oct 2023 Section 57 of CGST Act provide for the constitution of consumer welfare fund. Amount of refund will be transferred to this fund unless it is payable to the taxpayer.Thus refund will be paid to taxpayer
Section 76 of CGST Act: non payment of collected tax(Updated till July 2024)
Section 76 of CGST Act Section 76 of CGST Act provide for the consequences for the tax collected but not paid to the government. “(1) Notwithstanding anything to the contrary contained in any order or direction of any Appellate Authority or Appellate Tribunal or court
Section 65 of CGST Act: Audit by Tax Authorities (Updated till on July 2024)
Section 65 of CGST Act : Audit by Tax Authorities Section 65 of CGST Act provide for the audit by the tax authorities. Audit rules are also released by CBEC. These rules have procedure and prescribed forms for Audit. “(1) The Commissioner or any officer
GST ComplianceSection 51 of CGST Act: TDS in GST(Updated till July 2024)
Section 51 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 47 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color.
GST ComplianceSection 43A of CGST Act :Procedure for furnishing return and availing input tax credit(Updated Till July 2024)
Section 43A of the CGST Act as amended by the Finance Act 2023 Note: Section 40 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On Section
GST ComplianceSection 53 of CGST Act: transfer of ITC (updated till on July 2024)
Section 53 of CGST Act of the CGST Act as amended by the Finance Act 2023 Note: Section 53 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different
Section 59 of CGST Act: Self Assesment (updated till July 2024)
Section 59 of CGST Act as self Assesment upto oct 2023 Section 59 of CGST Act provide for the self assessment in GST “Every registered person shall self assess the taxes payable under this Act and furnish a return for each tax period as specified