The Central Goods and Services Act, 2017 (CGST Act) Section 51 – Tax deduction at source (1) Notwithstanding anything to the contrary contained in this Act the Government may mandate–– (a) a department or establishment of the Central Government or State Government or (b) local authority or (c) Governmental agencies or (d) such persons or
The Central Goods and Services Act, 2017 (CGST Act) Section 50 – Interest on delayed payment of tax (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 pay the tax or any part thereof to the Government within the
The Central Goods and Services Act, 2017 (CGST Act) Section 49 of the Central Goods and Services Act, 2017 (CGST Act) Payment of tax, interest, penalty and other amounts (1) Every deposit made towards tax interest penalty fee or any other amount by a person by internet banking or by using credit or debit cards
The Central Goods and Services Act, 2017 (CGST Act) Section 47 – Levy of late fee 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 45 by the due date shall pay a late fee of one hundred rupees for every day
The Central Goods and Services Act, 2017 (CGST Act) Section 48 – Goods and Services tax practitioners. (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 be such as may be prescribed. (2) A registered person
The Central Goods and Services Act, 2017 (CGST Act) Section 46 of Central Goods and Services Tax Act 2017 – Notice to Return Defaulters 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 fifteen
The Central Goods and Services Act, 2017 (CGST Act) Section 45 – Final Return Every registered person who is required to furnish a return under sub-section (1) of section 39 and whose registration has been canceled shall furnish a final return within three months of the date of cancellation or date of order of cancellation whichever
The Central Goods and Services Act, 2017 (CGST Act) Section 44 – Annual Return (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 return for every financial year electronically in such form and manner
The Central Goods and Services Act, 2017 (CGST Act) Section 43A – Procedure for furnishing return and availing input tax credit (1) Notwithstanding anything contained in sub-section (2) of section 16, section 37 or section 38, every registered person shall in the returns furnished under sub-section (1) of section 39 verify validate modify or delete the details of supplies furnished
The Central Goods and Services Act, 2017 (CGST Act) Section 43 of Central Goods and Services Tax Act 2017 – Matching, reversal and reclaim of reduction in output tax liability (1) The details of every credit note relating to outward supply furnished by a registered person (hereafter in this section referred to as the “supplier”)