Chapter IX (Sections 37-48) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to Accounts and Records. Section 45 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides final return under CGST Act 2017.
Recently, we have discussed in detail section 44 (i.e. Annual Return) of CGST Act 2017. Today, we learn the provisions of section 45 of the CGST Act 2017. Complete Details of CGST Section 45 – Final return. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Notes on Section 45 of CGST Act 2017
Section 45 of CGST Act 2017 shall come into force on 01.07.2017 vide Notification No. 9/2017 – Central Tax, G.S.R. 658(E), and dated 28.06.2017. In this note, you will learn detail of the provisions of section 45 of CGST Act 2017 read with Central GST Rules 2017.
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 of cancellation or date of order of cancellation, whichever is later, in such form and manner as may be prescribed.