News
Quarterly filing of returns not workable under GST: Arun Jaitley
- Date:
- May 8, 2017
- Source:
- Economic Times
Finance Minister Arun Jaitley on Monday said that the quarterly filing of returns under the Goods and Services Tax (GST) was not workable for taxpayers above Rs 50 lakh turnover. "For all tax payers it is not workable to have quarterly return because input tax credit has to be given every month," Jaitley said in a letter to All India Congress Committee general secretary Digvijaya Singh . Only smal…