Monday, October 5, 2020

[Breaking] GST Council allows Quarterly filing of GSTR-3B for less than 5cr Turnover

GSTR 3B - GST Council - Month Returns - GST Returns - TaxscanThe 42nd GST Council Meeting held today has decided to allow the quarterly filing GSTR-3B returns having less than five crores turnover. This facility will be available from January 1st, 2021. From Jan 2021, the number of returns for small taxpayers will be reduced from 24 to 8. However, since states require money every month, […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2F8g9Cg

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