<h1>GST Council Approves New Simplified Return Design: Single Monthly Filing, Staggered Dates, Quarterly Options for Some Taxpayers.</h1> The GST Council, in its 27th meeting, approved a new return design for Goods and Services Tax (GST) filing, based on recommendations for IT simplification. Key elements include a single monthly return for most taxpayers, with staggered filing dates based on turnover. Composition dealers and those with nil transactions can file quarterly. The system will feature a unidirectional flow of invoices, simplifying input tax credit claims and eliminating the need to upload purchase invoices. Automatic credit reversal is not included; instead, recovery will follow due process. The transition to this system will occur in three stages, aiming to reduce compliance burdens.