{"id":1245,"date":"2016-09-22T17:20:35","date_gmt":"2016-09-22T11:50:35","guid":{"rendered":""},"modified":"2016-09-22T17:20:35","modified_gmt":"2016-09-22T11:50:35","slug":"what-is-the-purpose-of-returns","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=1245","title":{"rendered":"What is the purpose of returns?"},"content":{"rendered":"<p>What is the purpose of returns?<br \/>Question 1<br \/>Bill  <br \/>Returns Process and matching of Input Tax Credit<br \/>FAQ on GST dated 21.9.2016 based on Draft Model GST<br \/>Q 1. What is the purpose of returns?<br \/>\nAns.<br \/>\n a) Mode for transfer of information to tax administration;<br \/>\n b) Compliance verification program of tax administration;<br \/>\n c) Finalization of the tax liabilities of the taxpayer within stipulated period of limitation; to declare tax liability for a given period;<br \/>\n d) Providing necessary in<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/acts?id=22395\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the purpose of returns?Question 1Bill Returns Process and matching of Input Tax CreditFAQ on GST dated 21.9.2016 based on Draft Model GSTQ 1. What is the purpose of returns? Ans. a) Mode for transfer of information to tax administration; b) Compliance verification program of tax administration; c) Finalization of the tax liabilities of &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=1245\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What is the purpose of returns?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1245","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1245"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/1245\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}