Retailers need to file single GST return every month

Retailers need to file single GST return every month https://www.taxtmi.com/news?id=18235 Retailers and B2C suppliers file a single monthly GST return reporting total turnover; supplier-uploaded invoice data auto-populates purchaser returns for confirmation. B2B dealers must submit invoice wise details, supported by a GSTN Excel upload facility. A computer-generated consolidated return summarizes output tax, input tax credit and net tax liability, while initial filing timelines have been relaxed and composition scheme taxpayers may file simplified quarterly returns. en-us Wed, 21 Jun 2017 18:58:37 +0530 Wed, 21 Jun 2017 18:58:37 +0530 TaxTMI RSS Generator Retailers need to file single GST return every month https://www.taxtmi.com/news?id=18235 Retailers and B2C suppliers file a single monthly GST return reporting total turnover; supplier-uploaded invoice data auto-populates purchaser returns for confirmation. B2B dealers must submit invoice wise details, supported by a GSTN Excel upload facility. A computer-generated consolidated return summarizes output tax, input tax credit and net tax liability, while initial filing timelines have been relaxed and composition scheme taxpayers may file simplified quarterly returns. News - Wed, 21 Jun 2017 18:58:37 +0530 https://www.taxtmi.com/news?id=18235