Self-assessment requirement: registered persons must assess GST and file periodic returns under the Act as prescribed. Section 59 requires that every registered person self-assess the taxes payable under the Act and furnish a return for each tax period as specified under ... Summary
Self-assessment requirement: registered persons must assess GST and file periodic returns under the Act as prescribed.
Section 59 requires that every registered person self-assess the taxes payable under the Act and furnish a return for each tax period as specified under section 39, placing primary responsibility for GST calculation and reporting on the registered person.
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