Easing the burden: No filing of returns in new GST model

In a simplified payment process under the goods and services tax (GST) okayed by a group of ministers (GoM) recently, taxpayers won’t need to file returns, making compliance easy.  According to sources, under the new model, the IT system run by the GST Network (GSTN) will produce monthly returns based on supply data uploaded and inward supplies accepted. According to a model that is to be con…