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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.
Here is why the new GST filing system is a boon for taxpayers
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