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    <title>Punjab Goods and Services Tax (Seventh Amendment) Rules, 2021</title>
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    <description>Punjab GST return compliance introduces quarterly return filing, the Invoice Furnishing Facility for the first and second months of a quarter, and a monthly static auto-drafted input tax credit statement in FORM GSTR-2B. Quarterly filers may report specified supplies to registered persons and related notes through IFF without repeating them in quarterly FORM GSTR-1. FORM GSTR-2B segregates available, unavailable and reversible credit and requires reconciliation with records. Regular taxpayers file FORM GSTR-3B monthly or quarterly, with quarterly taxpayers depositing tax for the first two months in FORM GST PMT-06.</description>
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