Filing returns under GST

[Aitha RajyaLakshmi]

In case of GST, statement of both Inward and outward supplies has to be uploaded in for each and every Tax period.

In case of an Assessee had only supply of Services, whether he need to upload the details of the Inward and Outward Supplies?

AI Summary

Assessees Providing Services Must File Returns for Inward and Outward Supplies Under GST, as per Section 34. A discussion on filing returns under the Goods and Services Tax (GST) focused on whether an assessee dealing solely in services needs to upload details of inward and outward supplies. Responses clarified that both goods and services are taxed under GST, requiring no separate returns. Section 34 mandates furnishing returns for both types of supplies, with inward supplies being auto-populated, allowing for acceptance, rejection, or modification. GSTR-1 is used for outward supplies and GSTR-2 for inward supplies, with the draft Model GST law treating goods and services similarly under Section 3.