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Simplified GST Returns

Last updated on 10 August, 2018

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Simplified GST returns

In an effort to simplify the filing process and increase tax compliance, the GST Council has approved a new return filing process. This filing process is expected to come into effect in six months. Here’s what you need to know about the new simplified GST returns. 


Simplified Returns For Registered Taxpayers

Simplified Returns For Composition Dealers

Simplified Returns For Small Taxpayers

Uploading Invoices

Invoicing for B2B Dealers

Process of Tax Recovery

Information in the Return

How will the transition to the simplified filing work?

The transition will be done in three stages:

Stage I

In this stage, there will be no change in the current filing system. The filing of GSTR3B and GSTR1 will continue. GSTR2 and GSTR3 will remain suspended. This stage will last until the new filing software is ready to use, which is expected to occur in six months. 

Stage II

When the new filing system is ready, it will allow you to upload invoice-wise data and also claim input tax credit on a self-declaration basis similar to the current GSTR3B filing process. During this stage, you will be able to see the credits available to you based on the invoices that your sellers have uploaded and the provisional credits that you can claim. This stage will last for six months to allow everyone to adjust to the new system.

Stage III

Six months after Stage II begins, provisional credit will end. The input tax credit that you can avail will then be limited to the invoices uploaded by your sellers. 

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