GST council to introduce new GST return system
GST Council decided to introduce a new GST return system to facilitate taxpayers.
The new plan is worked out to ease the
transition to the new return system.
A prototype of the offline tool has already been
shared on the common portal to give the look and feel of the tool to the users.
The tool is the same as that of the online
portal.
There are three main components to the new
return
one main return (FORM GST RET-1) and two
annexures (FORM GST ANX-1 and FORM GST ANX-2).
The new return system (ANX-1 & ANX-2 only)
will be available for trial for taxpayers to make themselves familiar.
About
GST Council
GST Council decided to introduce a new GST
return system to facilitate taxpayers.
A plan has been worked out to ease the
transition to the new return system.
A prototype of the offline tool already shared
on the common portal to give the look and feel of the tool to the users.
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