With an aim to help taxpayers with the New Simplified Return System, a new beta version of the Offline Return Tool has been released on the GSTN portal. The primary
GST 2.0, a.k.a the Simplified GST Returns is expected to simplify indirect taxation for the taxpayers, and provide a boost to the economy in India. But as they say, “Rome
The Simplified returns are to be introduced under GST in order to simplify the complexities in the current return system. While the new GST system would be applicable for all
October 2019 is going to be a crucial month for GST Taxpayers. The new simplified GST return system will be taking up on the current GST Returns system. As per
The new – simplified GST return system is expected to be introduced, mandatorily, onto the current GST Returns system of India in the month of October, 2019. As per the
Updated on 26-06-2019: The CBIC has finally released the road map for Simplified GST returns implementation to ease the transition process. The transition that starts from October 2019 will be complete by
One of the changes expected with the dawn of new Financial Year was the introduction of simplified GST returns envisaged to reduce compliance burden of taxpayers. The pilot for simplified
It is a very famous saying that nothing is perfect. This saying goes very well when it comes to returns. Especially when the entire register is being considered there are
GST, the biggest tax reform in the country, is to undergo a major revamp in the second term of the year 2019. The year 2018 saw the approval of the
In our previous blog, we have presented the impact for Large Taxpayers as per proposed simplified return formats and process. The Large Taxpayers i.e. taxpayers having a turnover above Rs. 5
Updated on 21 June 2019: 35th GST Council Meeting was held on 21st June 2019 under the chairmanship of newly elected Union Finance Minister Mrs. N Sitharaman and few important decisions were
The GST Council, in its last meeting on 4th May 2018, decided to go ahead with Simplification of Returns based on the recommendations placed by GoM led by Shri Sushil Kumar Modi. The
