CHAPTER-8 RETURNS
Rule-59 Form and manner of furnishing details of outward supplies (1) Every registered person, other than a person referred to in section 14 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), required to furnish the details of outward supplies of goods or services or both under section 37, shall furnish such details in FORM GSTR-1 for […]
CHAPTER-7 ACCOUNTS AND RECORDS
Rule-56 Maintenance of accounts by registered persons (1) Every registered person shall keep and maintain, in addition to the particulars mentioned in sub-section (1) of section 35, a true and correct account of the goods or services imported or exported or of supplies attracting payment of tax on reverse charge along with the relevant documents, including […]
CHAPTER-6 TAX INVOICE, DEBIT AND CREDIT NOTES
Rule-46 Tax invoice Subject to rule 54, a tax invoice referred to in section 31 shall be issued by the registered person containing the following particulars, namely,- (a) name, address and Goods and Services Tax Identification Number of the supplier; (b) a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals […]
CHAPTER-5 INPUT TAX CREDIT
Rule-36 Documentary requirements and conditions for claiming input tax credit (1) The input tax credit shall be availed by a registered person, including the Input Service Distributor, on the basis of any of the following documents, namely,- an invoice issued by the supplier of goods or services or both in accordance with the provisions of section […]
CHAPTER-4 DTERMINATION OF VALUE OF SUPPLY
Rule-27 Value of supply of goods or services where the consideration is not wholly in money Where the supply of goods or services is for a consideration not wholly in money, the value of the supply shall,- (a) be the open market value of such supply; (b) if the open market value is not available […]
CHAPTER-3 REGISTRATION
Rule-8 Application for registration [(1) Every person who is liable to be registered under sub-section (1) of section 25 and every person seeking registration under sub-section (3) of section 25 (hereafter in this Chapter referred to as “the applicant”), except– a non-resident taxable person; a person required to deduct tax at source under section 51; a person required to collect tax […]
CHAPTER-2 COMPOSITION
Rule-3 Intimation for composition levy (1) Any person who has been granted registration on a provisional basis under clause (b) of sub-rule (1) of rule 24 and who opts to pay tax under section 10, shall electronically file an intimation in FORM GST CMP-01, duly signed or verified through electronic verification code, on the common portal, either directly […]