A pvt company with turnover around 20L has filled GSTR 3B and GSTR 1 regularly for FY 17-18. The department has recently made GST annual return optional for small companies. I just want to know if there are any benefits of filling GST annual return despite being optional. Thank you.
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GST Annual Return being Optional
Replies (4)
Benefit means.....???
Benefits or not. We will follow rules...
Benefits or not. We will follow rules...
Benefits.............🤔 You can save the time
I don't see any benefit except another bunch of compliance and added cost to the assesee.
It is option, not for compulsory.
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