Filing GSTR 3B to be easy as system to compute ITC availability, tax liability

Filing GST monthly return for over one crore assessees will be easier from this month as the GSTN (GST Network or IT backbone of the indirect tax system) has deployed two major functionalities.  There are over 1.20 crore assessees, out of which 17 lakh have opted Composition Scheme and they need to file return on quarterly basis. Remaining 1.03 crore assessees need to file form GSTR 3B on mon…