The Indian ExpressNov 18, 2021MSME taxpayers may file GST return via SMSThere have been demands from the taxpayers, mostly in the MSME sector, that GST be charged on receipt of payment instead of the tax liability coming to them on the date of issuance of invoice or receipt of payment whichever is earlier.The MSME taxpayers will no longer require to log on to the GST portal to file their return. Instead they can file their return through an SMS helping to reduce their cost of compliance.Ajit Kumar, chairman, Central Board of Indirect Taxes & Custom at a session of the Bharat Chamber of Commerce, said: “MSME tax payers,with nil liability, can file GST return by a mere SMS.This will improve the ease of doing business, particularly during the COVID-19 onslaught”.Read more at The Indian Express
There have been demands from the taxpayers, mostly in the MSME sector, that GST be charged on receipt of payment instead of the tax liability coming to them on the date of issuance of invoice or receipt of payment whichever is earlier.The MSME taxpayers will no longer require to log on to the GST portal to file their return. Instead they can file their return through an SMS helping to reduce their cost of compliance.Ajit Kumar, chairman, Central Board of Indirect Taxes & Custom at a session of the Bharat Chamber of Commerce, said: “MSME tax payers,with nil liability, can file GST return by a mere SMS.This will improve the ease of doing business, particularly during the COVID-19 onslaught”.Read more at The Indian Express
