Quick Summary
The Goods and Services Tax Council is set to discuss a slew of law changes it is looking to introduce. This would include amendments to GSTR3B - the monthly GST return to be filed by taxpayers - among others. The GST Council will reportedly ease compliance bottlenecks for e-commerce suppliers by allowing them to register under the composition scheme, a move that is expected to ease registration and also reduce tax outgo. The Council is also likely to allow the usage of the government-r
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FAQ :
The Goods and Services Tax Council is set to discuss allowing amendments to GSTR 3B, the monthly GST return, in its upcoming meeting.
The next GST Council meeting is scheduled to take place on June 28-29 in Srinagar, Kashmir.
E-commerce suppliers may be allowed to register under the composition scheme, which is expected to ease registration and reduce their tax outgo.
Yes, the council is likely to allow the use of the National Informatics Centre (NIC) as a platform for e-invoices, with six new portals planned.
This measure is intended to plug any potential leakage in tax revenue.
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