GST Annual Returns Could Keep Tax Officer At A Bay

With so many changes and exemptions in GST since its inception, one of the most awaited and talk of the hour is the waiver of filing of annual return by small taxpayers. GST Council in its meeting on September 20 accepted the proposal to exempt taxpayers up to a certain threshold from filing an annual return for the financial year 2017-18 only or for the financial year 2018-19 as well. To recall,…