Currently Browsing: Return Simplification

quarterly gst returns

Now small businesses will have to upload one quarterly gst returns

New Delhi. GST Council on Saturday gave great relief to small businessmen on GST. Now, traders with annual turnover of up to Rs 5 crores will not have to file Monthly GST returns. Instead, they will be able to file quarterly GST returns. About 93 percent of the country’s small businessmen will benefit from this […]

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one GST return

Big relief for businessmen, one GST return will be filled every month

The council also decided to turn GST Network (GSTN) into a wholly owned government company. New Delhi:- GST Council has simplified the process of filing returns, giving great relief to the businessmen. Businesses now have to file only one GST return in a month. Those people whose turnover is Nil, will have to fill the […]

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GST Council to meet

GST Council to meet in March to usher in single monthly return

Moving away from the complicated system of filing 3 returns per month, the GST Council is likely to accept a single monthly return with the attachment on sale and purchase. NEW DELHI, FEBRUARY 16 Bringing relief to the taxpayer, the GST council to meet in March finalize a new and simplified return filing format.

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