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India to Simplify GST Return Requirements

|Approved Changes|India
India

According to recent reports, India's GST Council decided earlier in May to simplify the GST return filing requirements. When GST was introduced in India from July 2017, a number of forms were introduced, including three standard monthly returns: Form GSTR-1 (return on outward supplies), Forms GSTR-2 (return on inward supplies), and Form GSTR-3 (final monthly return). However, given technical difficulties with the system, GST payers were instead allowed to use a simplified GST return (Form GST…

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