Simplified return type for GST registered companies in offing: FM Sitharaman

FM Nirmala Sitharaman in Lok Sabha: We’re additional simplifying GST regime. A simplified single month-to-month return being rolled out; taxpayers with annual turnover lower than 5 crore must file solely quarterly returns. Totally automated GST Refund module shall be carried out; a number of tax ledgers to get replaced by one; bill particulars to be captured in a central system. Pay attention-in.

► Subscribe to The Financial Occasions for up to date video updates. It is free! –

► Extra Movies @ ETTV –

► For enterprise information on the go, obtain ET app:

Comply with ET on:

► Fb –
► Twitter –
► LinkedIn –
► Instagram –
► Flipboard –

The Financial Occasions | A Occasions Web Restricted product