The government may review the requirement of filing at least three returns every month under the GST regime with a view to easing compliance burden of taxpayers, officials said. Presently, businesses have to file returns in GSTR-1, GSTR-2 and GSTR-3 forms for every...
The GST Council relaxed the tax exemption limit to Rs 40 lakh from the earlier cap of Rs 20 lakh during its 32nd meeting on Thursday. The all-powerful panel also decided to extend the composition scheme to traders from informal sector rendering services or mixed...
With the aim of having higher compliance, the government has announced a one-time late fee waiver for the returns filing under GSTR-1 for the period of July 2017-September 2018 until October 31 of this year. GSTR-1 is the return filed for claiming returns on sales...
