NEW DELHI: A ministerial panel, chaired by Sushil Modi, today worked out a new simplified model for GST return filing as per which credit could be given on a provisional basis once the supplier uploads the sales invoice.
As it looks to finalise a single-page return form for businesses under GST, the panel today met about 40 industry representatives and 15 tax tax experts to discuss simplification of return filing process.
Briefing reporters after the meeting of the Group of Ministers, Modi said a “fusion” model of return filing after incorporating stakeholder suggestion has been worked out, which will be placed before the GST Council for approval.
“Till the simplified return filing process is finalised, GSTR-3B will continue,” Bihar Deputy Chief Minister Modi said. (AGENCIES)