Centre may review monthly GST filing

Centre may review monthly GST filing

FPJ BureauUpdated: Thursday, May 30, 2019, 02:25 AM IST
Centre may review monthly GST filing

New Delhi : The government may review the requirement of filing at least three returns every month under the GST regime with a view to easing compliance burden of taxpayers, officials said. Presently, businesses have to file returns in GSTR-1, GSTR-2 and GSTR-3 forms for every month. These forms detail outward supplies of taxable goods and/or services, inward supplies for claiming input tax credit and monthly return.

 The review follows businesses complaining problems in matching invoices while filing July returns. “There will be a review of the norms to file GSTR-1, 2 and 3. Businesses have complained of trouble in invoice matching while filing GSTR-2. It would be reviewed whether matching of invoices would be pursued in the coming months,” a senior government official told PTI.