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of <h1>Monthly GSTR-03 Return Requires Reporting of Inward/Outward Supplies and Tax Payment per GST Rules September 2016</h1> Form GSTR-03 is a monthly return format under the draft Goods and Services Tax Return Rules from September 2016. It requires taxpayers to finalize and report details of outward and inward supplies, along with the payment of the applicable tax amount. This process is part of the statutory provisions for taxation under the Goods and Services Tax framework, ensuring compliance with the legislative requirements for reporting and tax payments.
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