28-September-2020
Taxation
 
Starting this month, GST taxpayers to get more help in filing returns
16-Sep-2020

Starting this month, GST taxpayers will have the assistance of auto-generated documents detailing tax liability and availability of input tax credit (ITC) to make it easier for them to file their monthly summary returns (GSTR-3B), the Goods and Services Tax Network (GSTN) said on Wednesday. Usually, the taxpayers face two main issues while filing their GSTR-3B which are related to their liability and ITC. Till now, taxpayers were required to compute these values but now the system has been upgraded to enable linking of summary returns and the outward supply return or GSTR-1.

News Source:- https://www.financialexpress.com/economy/starting-this-month-gst-taxpayers-to-get-more-help-in-filing-returns/2084129/