Composition Scheme Businesses To File Simplified 'Self-Assessed' GST return form

Bringing relief to composition scheme taxpayers under the goods and services tax, the Finance Ministry has allowed such businesses to file “self-assessed tax” return on quarterly basis in a simplified form. So far, businesses opting for composition scheme had to file tax returns every quarter in GSTR-4, which ran into around seven pages. As per a Central Board of Indirect Taxes and Customs notif R…