GST return simplification panel to meet industry this week

    The government appointed panel on GST returns under GSTN chairman Ajay Bhushan Pandey will meet industry and traders this week to seek their views on simplification of return filing process. The committee is likely to submit its report to the Group of Ministers, headed by Bihar Deputy Chief Minister Sushil Modi, which will finalise its recommendations by the month end and place it before the GST Council, Pandey said. The government had set up the return simplification committee in November last year to ease the burden on businesses to file three returns in a month along with initial sales return GSTR-3B. In an interview to PTI, Pandey said the committee after consulting stakeholders will try and bring in a process under which once the seller uploads the sales invoice on the GSTN portal, it would automatically show in their returns. Read More...

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