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News GST

  • Jun 22, 2017
  • Retailers need to file single GST return every month: Hasmukh Adhia

    Days before the rollout of the landmark GST, the government today sought to dispel the notion that the new tax regime will be cumbersome and compliance- heavy, saying taxpayers need to file only one return every month, similar to what they presently do.In an interview to PTI, Revenue Secretary Hasmukh Adhia said the notion that assessees will have to file three returns every month is unfounded and retailers or B2C dealers need not give invoice wise details every month.

    Source - http://economictimes.indiatimes.com