Simplified return form for GST registered businesses in offing: FM Sitharaman

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FM Nirmala Sitharaman in Lok Sabha: We are further simplifying GST regime. A simplified single monthly return being rolled out; taxpayers with annual turnover less than 5 crore need to file only quarterly returns. Fully automated GST Refund module shall be implemented; multiple tax ledgers to be replaced by one; invoice details to be captured in a central system. Listen-in.




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    FM Nirmala Sitharaman in Lok Sabha: We are further simplifying GST regime. A simplified single monthly return being rolled out; taxpayers with annual turnover less than 5 crore need to file only quarterly returns. Fully automated GST Refund module shall be implemented; multiple tax ledgers to be replaced by one; invoice details to be captured in a central system. Listen-in.




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