Business Here is why the new GST filing system is a boon for taxpayers Updated : September 23, 2019 06:41 AM IST The proposed methodology of classification would turn out to be a big relief to taxpayers with turnover between Rs 1.5 crore and Rs 5 crore. The simplified return forms now contain only two main tables – one to report outward supplies and another for availing ITC-based invoices uploaded by the supplier. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.