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of <h1>GST Returns: Key for Transferring Tax Info, Finalizing Liabilities, and Supporting Compliance Verification and Policy Decisions.</h1> The purpose of returns in the context of GST includes serving as a mode for transferring information to the tax administration and facilitating the compliance verification program. Returns help in finalizing the taxpayer's tax liabilities within a specified period and declaring tax liability for a given period. They also provide essential inputs for policy decisions and aid in managing audit and anti-evasion programs of the tax administration.
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