Revised GST return rules issued by CBEC

Revised GST return rules issued by CBEC. These rules contains the important provisions related to returns in GST. Returns are one of the most important compliance in GST. Thus to comprehend in GST detail knowledge of return provisions is required.There are three basic returns in GST. GSTR1 is the return of supplier. GSTR2 is the return of recipient. GSTR3 is the consolidated return.In case of non resident, ISD, tax deductor in section 51 and 52 the return forms are different.

Main provisions covered in rules are:

Form and manner of: 

1. Furnishing details of outward supplies
2. Furnishing details of inward supplies
3. Submissionof monthly return
4. submission of quarterly return by the composition supplier
5. Submissionof return by non-resident taxable person
6. submission of return by an Input Service Distributor
7. submissionof return by a person required to deduct tax at source
8. submission of statement of supplies by an e-commerce operator
9. Notice to non-filers of returns
10. Matching of claim of input tax credit
11. Final acceptance of input tax credit and communication thereof
12. Communication and rectification of discrepancy in claim of input tax credit and reversal of claim of input tax credit
13. Claim of input tax credit on the same invoice more than once
14. Matching of claim of reduction in the output tax liability
15. Final acceptance of reduction in output tax liability and communication thereof
16. Communication and rectification of discrepancy in reduction in output tax liability and reversal of claim of reduction
17. Claim of reduction in output tax liability more than once
18. Refund of interest paid on reclaim of reversals
19. Matching of details furnished by the e-Commerce operator with the details furnished by the supplier
20. Communication and rectification of discrepancy in details furnished by the e-commerce operator and the supplier
21. Annual return
22. Final return
23. Details of inward supplies of persons having Unique Identity Number
24. Provisions relating to a goods and services tax practitioner
25. Conditions for purposes of appearance

These are the main headings covered in these rules. In case you need detailed insites you can download these rules.