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CMA Intermediate · Direct and Indirect Taxation · Returns and Payment of Taxes

Under Section 39 of the CGST Act, 2017, a registered person who is a regular taxpayer (not under section 10 or 51 or 52, not an ISD or non-resident) must furnish a return of inward and outward supplies for which period, unless notified for quarterly furnishing?

A regular registered person must furnish the return of inward and outward supplies for every calendar month or part thereof, unless the Government notifies a class for quarterly filing. The obligation does not depend on whether any supplies were made in the month.

  1. AEvery calendar month or part thereofCorrect
  2. BEvery financial year only
  3. CEvery half-year
  4. DOnly for months in which supplies were made

Explanation

Section 39(1) requires every such registered person to furnish a return for every calendar month or part thereof. The proviso allows notified classes to file quarterly, but the default is monthly. Filing only for months with supplies is wrong because section 39(8) requires a return whether or not supplies were made.

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