Simplified GST Return, Principles and Draft Return Formats uploaded for inviting Feedback

Aug 02, 2018 | by Avantis RegTech Legal Research Team

The GST Council in its 27th meeting held on May 04, 2018 had approved the basic principles of GST return design. Now in its 28th meeting held on July 21, 2018, GST Council approved the key features and new format of the GST returns. Therefore, a document listing the salient features of the new return format and business process for seeking feedback of trade and industry and other stakeholders has been uploaded.

To facilitate the analysis of the comments / feedback, stakeholders are requested to mention page numbers in the feedback. For example, #Page 26 – Suggestion. This will help to compile and analyse the feedback in a structured manner. In case the stakeholders have more than one suggestion to offer, they may find it convenient to type out the comments (with page nos.) in a separate document and upload the same.

The last date for submission is August 31, 2018.



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