https://www.taxtmi.com/news?id=20419 The Council approved a simplified filing regime allowing eligible small taxpayers to file quarterly returns with monthly tax payments on a self-declaration basis via new formats Sahaj and Sugam; taxpayers with no purchases, no output liability and no input tax credit in a quarter may file one NIL return for the quarter (including an SMS filing option). GSTN will develop the new return system, improve offline and UI tools, enable one-click NIL filing, perform GSTR-1 and GSTR-3B reconciliation, and produce analytic reports for tax authorities. en-us Sat, 11 Aug 2018 09:53:07 +0530 Sat, 11 Aug 2018 09:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20419 The Council approved a simplified filing regime allowing eligible small taxpayers to file quarterly returns with monthly tax payments on a self-declaration basis via new formats Sahaj and Sugam; taxpayers with no purchases, no output liability and no input tax credit in a quarter may file one NIL return for the quarter (including an SMS filing option). GSTN will develop the new return system, improve offline and UI tools, enable one-click NIL filing, perform GSTR-1 and GSTR-3B reconciliation, and produce analytic reports for tax authorities. News - Sat, 11 Aug 2018 09:53:07 +0530 https://www.taxtmi.com/news?id=20419