GST Council allows small businesses to file returns on quarterly basis

n a bid to ease GST compliance and return filing for small taxpayers, the GST Council on October 5 allowed them to file GSTR-1 and GSTR-3B once a quarter instead of every month. This had been an earlier proposal of the GST council, which was approved today. “As a further step towards reducing the compliance burden particularly on the small taxpayers having aggregate annual turnover of less th…