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 […]
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 […]
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.