How to differentiate Final return with Scrutiny of returns?
What is Final return? How does Scrutiny of returns work under GST regime? What are the difference between Final return and Scrutiny of returns?
Under GST system, the following information explains about Final return and Scrutiny of returns.
As per GST terms, Filing of final return under current tax regime is one of the condition for carrying the input tax credit under current tax regime to GST regim. Return scrutiny is the first line of verification carried out as soon as the tax return is submitted by the assessed. A returns scrutiny process consists of two parts viz. preliminary scrutiny and detailed scrutiny.
The details about Final return and Scrutiny of returns with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Final return and Scrutiny of returns, so as to enable you to have a clear idea on these GST terms.
For your immediate reference, we give below web links on Final return and Scrutiny of returns separately below. You may kindly read the below links to know more about Scrutiny of returns and Final return.
Meaning of term final return under GST
What is Scrutiny of returns under GST
The above information easily explains about Scrutiny of returns and Final return.
I hope, you have satisfied with the difference between Final return and Scrutiny of returns explained above. Do you have different thought on difference between Scrutiny of returns and Final return?
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