https://www.taxtmi.com/article/detailed?id=7468 The Council authorised a temporary simplified return regime for the first two months post-rollout requiring a one-page, self-declared GSTR-3B summary of inward and outward supplies with tax payment by the following-month due date, followed by invoice-level GSTR-1 submissions and later filing of GSTR-2 and GSTR-3; identified mismatches will be reconciled with any additional tax paid by the assessee. The Council also approved draft rules for advance rulings, appeals, assessment and an anti-profiteering mechanism subject to a two-year sunset clause, with specified procedural stages for complaint review and investigation. en-us Tue, 20 Jun 2017 08:25:32 +0530 Tue, 20 Jun 2017 08:25:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7468 The Council authorised a temporary simplified return regime for the first two months post-rollout requiring a one-page, self-declared GSTR-3B summary of inward and outward supplies with tax payment by the following-month due date, followed by invoice-level GSTR-1 submissions and later filing of GSTR-2 and GSTR-3; identified mismatches will be reconciled with any additional tax paid by the assessee. The Council also approved draft rules for advance rulings, appeals, assessment and an anti-profiteering mechanism subject to a two-year sunset clause, with specified procedural stages for complaint review and investigation. Articles Goods and Services Tax - GST Tue, 20 Jun 2017 08:25:32 +0530 https://www.taxtmi.com/article/detailed?id=7468