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.

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