New GST return forms reduce hassles for small taxpayers

The simplified tax return forms for the goods and services tax (GST) has done away with many columns asking for information difficult to be provided by small taxpayers, besides extending quarterly-returns facility for over 90% of the taxpayers. Also, nearly 30-40% taxpayers who declare ‘nil’ sales would now be able to file their returns via SMS. To avoid strain on the GST Network, the return-filin…