October 21, 2019
At the 37th GST Council meeting held at Goa on 19th September 2019, GST Council has decided that the New GST Return system will be applicable from 1st April 2020. The new Return system is based on the principle of matching.Input Tax Credit availability will depend on, uploading of said details by Supplier. New Return
October 19, 2019
GST Council, in its 37th Council meeting held in Goa, announced that new GST returns shall be implemented from April 2020 instead of September 2019. This new return filing system shall replace the existing GST return filing system. This new simplified return filing system will be introduced to ease the compliance process and identify defaulting taxpayers. Under
