Should govt make all gst returns as qtly. with monthly tax

CA. MITHUN KHATRY (CA IN PRACTICE) (370 Points)

27 August 2017  

What is harm in making all GST returns as quarterly returns with an obligation to pay tax on monthly basis. like we did in case of DVAT returns and service tax returns. Interest may be  charged on any difference/shortfall in monhtly tax. invoice wise matching may be done after every quarter.