Section 40 – First Return
Section 40 of CGST Act, 2017 – First Return Updated on: February 2026 (as applicable till date) Prepared by: Yours Tax Consultant 1. Scope and Purpose of Section 40 Section 40 deals with the concept of first return under GST. It applies to persons who are: Newly registered under GST, or Granted registration with retrospective effect This section ensures that tax liability for the period prior to registration is properly disclosed and paid. 2. Statutory Provision – Section 40 Section 40: Every registered person who has made outward supplies during the period between the date on which he became liable to registration till the date on which registration has been granted shall declare the details of such supplies in the first return furnished by him after grant of registration. 3. When is Section 40 Applicable? Section 40 becomes applicable when: A person crosses the threshold limit under Section 22, but Registration is granted at a later da...