Skip to main content

GST Network Simplifies Returns Filing Process

The GST Network said it has introduced a functionality which simplifies the returns filing process for taxpayers.
“A new functionality has been introduced on the GST portal for ease of the taxpayers under which questions will be posed as soon as the taxpayer enters the Returns dashboard and only relevant tiles will be displayed to the taxpayers based on the answers to the questions posed,” the GST Network said in a statement.
This has been started first with GSTR-3B returns (initial sales return), it added.
For nil GSTR 3B returns, one-click filing has been introduced as no tile will be shown to such taxpayers. Also, a help section has been provided on each page for the convenience of the taxpayer.
"Until now, taxpayers were shown all tiles with payments when they enter the Returns dashboard but now they will be shown only those tiles which are relevant for them.
"They will be asked questions and basis their response, they will be shown only relevant tiles,” said Prakash Kumar, CEO of the Goods and Services Tax Network.
The new facility will result in time savings for the taxpayers, said GSTN, which provides the IT backbone for the new indirect tax regime.

Comments

Post a Comment

Popular posts from this blog

12%, 18% GST rates to be merged in future; 28% on luxury, sin goods: FM

Also, there will be a very thin list of items in the highest tax slab of 28%   Finance Minister Arun Jaitley on Thursday hinted at merging 12 and 18 per cent tax rates under GST once revenue collections pick up and said the top 28 per cent slab would be for a "very thin" list of luxury and sin goods. The Goods and Services Tax (GST), rolled out on July 1, currently has four tax slabs of 5, 12 18 and 28 per cent. There is also a zero per cent tax on certain essential daily use commodities. Speaking at the HT Leadership Summit, Jaitley said the new indirect tax regime started with multiple rates in order to keep the tax incidence around the same level that existed pre-GST. Stating that the country would eventually move to a two-tier GST, he said that how fast it could be done would depend on the revenue position of the government. "We have thinned down the 28 per cent bracket, we can thin down more and it can be at some stage c...
Post a Comment
Read more