Rule 10. Report relating to Consolidated Settlement Register for each State and Union Territory and for the Centre.-

Important Keyword: Rule 10, FORM GST STL – 07.02, FORM GST STL – 07.01.

GST Rule 10. Report relating to Consolidated Settlement Register for each State and Union Territory and for the Centre.-

(1) A monthly consolidated settlement register for each State and Union Territory, in FORM GST STL – 07.01 shall be sent and this register shall give consolidated details of transfer of funds to be made from State Tax account to Central Tax account or Integrated Tax account and vice versa based on consolidated summary of settlement details contained in Report Form GST STL 1.01, 3.01,4.01, 5.01 and 6.01.

(2) A monthly consolidated settlement register for the Centre, in FORM GST STL- 07.02 shall be sent and this register shall give consolidated details of transfer of funds to be made from Central Tax account to Integrated Tax account and vice versa based on consolidated summary of settlement details contained in Report Form GST STL 1.01, 2.01, 4.01, 5.01 and 6.01.

Read More: Notification No. 47/2019 – Central Tax: Seeks to make filing of annual return under section 44 (1) of Central Goods and Services Tax Act for F.Y. 2017-18 and 2018-19 optional for small taxpayers whose aggregate turnover is less than Rs 2 crores and who have not filed the said return before the due date.

Web Stories: Notification No. 47/2019 – Central Tax: Seeks to make filing of annual return under section 44 (1) of Central Goods and Services Tax Act for F.Y. 2017-18 and 2018-19 optional for small taxpayers whose aggregate turnover is less than Rs 2 crores and who have not filed the said return before the due date.

Download Pdf: https://taxinformation.cbic.gov.in/