Roll-out of new, simplified monthly GST return forms deferred

  • 01-Apr-2019
  • Roll-out of new, simplified monthly GST return forms deferred

The pilot project envisaged for rolling out simplified monthly goods and services tax (GST) return forms from April 1 has been deferred and the new forms would be made available once they the notified and the software is ready.

The GST Council had in July last year decided that the simplified GST return forms — Sahaj and Sugam — would be rolled out on a pilot basis from April 1, 2019, while mandatory filing across the country would kick in from July.


In July last year, the Central Board of Indirect Taxes and Customs (CBIC) had come out with the draft GST returns forms and sought comments from stakeholders.

Under the new return filing format, taxpayers who have no purchases, no output tax liability and no input tax credit in any quarter of the financial year would have to file one 'nil' return for the entire quarter. Facility for filing quarterly returns shall also be available by an SMS.

The new return filing format would replace the current requirement of filing final sales return GSTR-1; but according to the plan, summary sales return GSTR-3B would continue for some time.

“The pilot project of new return filing has been deferred. The new date would be decided. The forms would be notified first; following which the pilot would be launched. Systems are being developed for the new forms,” an official said.

Small taxpayers, with turnover of up to Rs 5 crore in the last financial year, can file quarterly return with monthly payment of taxes on self-declaration basis.

The return form ‘Sahaj’ is for businesses that make supplies to only consumers (B2C). It includes details of outward supplies and inward supplies attracting reverse charge as well as summary of inward supplies for claiming input tax credit.




Source :- Business-standard.com

Seair is proud to have a loyal customer base from big brands.

We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:

Get a free Import-Export data demonstrative report on desired products.

We don’t offer any assistance over buying or selling any products.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Copyright © 2009 - 2020 www.seair.co.in. All Rights Reserved.