Monday, September 21, 2020

Pre-filled GST return form soon: GSTN CEO Prakash Kumar

GSTN, which handles the IT backbone for GST has already started providing tax liability data based on sales return GSTR-1 of the taxpayer to be used in his tax payment form GSTR-3B in pdf form. It is also providing taxpayers auto-generated invoice-wise input tax credit (ITC) statements based on information furnished by the suppliers of the taxpayer.

from Economy-News-Economic Times https://ift.tt/3cktmDS

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