One Form GST Filing Process – Hindustan Times

  • Press Release|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 28 October, 2020
Rahul Dhuparh, DGM – GST, Taxmann Said:
“We can hope that single GSTR will reduce the compliance burden and there will be less cases of mismatch in the data reported to the authorities. However, whether it will be helpful or not will depend on the information sought by the government in the new form from the taxpayers. If this will happen, the biggest issue of credit mismatch will be resolved as the data is getting auto populated to the supplier and recipient. This will eventually reduce the time of a supplier to file his statement of output supplies and returns for making payment of taxes.”
 

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