https://www.taxtmi.com/article/detailed?id=7307 An obligation to furnish an information return under the Model GST Act requires persons who maintain records of registration, accounts, periodic returns, transactional and payment details, bank account links, electricity consumption or property transactions to submit such returns for prescribed periods, in prescribed form and manner, including electronically, to the prescribed authority. The authority may notify defects and grant a rectification period; failure to rectify results in the return being treated as not submitted and may trigger a notice to file and a daily penalty for continued non compliance. en-us Tue, 07 Mar 2017 06:52:36 +0530 Tue, 07 Mar 2017 06:52:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7307 An obligation to furnish an information return under the Model GST Act requires persons who maintain records of registration, accounts, periodic returns, transactional and payment details, bank account links, electricity consumption or property transactions to submit such returns for prescribed periods, in prescribed form and manner, including electronically, to the prescribed authority. The authority may notify defects and grant a rectification period; failure to rectify results in the return being treated as not submitted and may trigger a notice to file and a daily penalty for continued non compliance. Articles Goods and Services Tax - GST Tue, 07 Mar 2017 06:52:36 +0530 https://www.taxtmi.com/article/detailed?id=7307