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News GST

  • Apr 21, 2018
  • Good news for traders! Single-page GST filing system to be ready in 3-6 months, confirms Finance Secretary

    Union finance secretary Hasmukh Adhia today said the proposed new single page GST return filing system will be in place over the next three to six months that will ease the present problems. At the April 17 ministerial panel meeting decided to roll out a new simplified model for GST return filing system in single-page, as per which credit could be given on a provisional basis once the supplier uploads the sales invoice. Replying to a query on the leakages being reported in GST-1 and GST-3(b), the top finance ministry official said, “we are checking GST-1 and GST-3b. It is coming to the fore that there is leakage and we will plug it.

    Source - https://www.financialexpress.com