GOVERNMENT OF INDIA
English language

Home | MyGov

Accessibility
Accessibility Tools
Color Adjustment
Text Size
Navigation Adjustment
Screen Reader iconScreen Reader
Menus
Sticky Menu

Simplified GST Return principles and Draft return formats

Start Date :
Jul 31, 2018
Last Date :
Sep 01, 2018
01:00 AM IST (GMT +5.30 Hrs)
Submission Closed

The GST Council in its 27th meeting held on 4th May, 2018 had approved the basic principles of GST return design. Now in its 28th meeting held on 21st July, 2018, GST Council ...

The GST Council in its 27th meeting held on 4th May, 2018 had approved the basic principles of GST return design. Now in its 28th meeting held on 21st July, 2018, GST Council approved the key features and new format of the GST returns. This document lists the salient features of the new return format and business process for seeking feedback of trade and industry and other stakeholders. Please leave your feedback using this discussion forum on MyGov.in.

To facilitate the analysis of the comments / feedback, you are requested to please mention page numbers in your feedback. For example, #Page 26 – Suggestion. This will help us compile and analyse the feedback in a structured manner.

In case you have more than one suggestion to offer, you may find it convenient to type out your comments (with page nos.) in a separate document and upload the same.

Last date for submission is 31st August 2018.

Reset
Showing 335 Submission(s)
Pranav Trivedi
Pranav Trivedi 7 years 7 months ago
My suggestions for #MyGov and #GSTTo promote digital transactions, a special rate of GST should be introduced for invoices paid through digital channels.. A concept of two MRP can also be introduced as 1. MRP for cash payment and 2. MRP for digital payment, which may be lessor than first MRP. Moreover, mention of both MRP of any product should be made mandatory in every advertisement of that product.
Dislike (0)
Reply
Report Spam
Subrato Roy
Subrato Roy 7 years 7 months ago
Goods and service tax to General sales tax. All the states and union territories should have same tax. For example, if the cost price is Rs. 30/- and selling price is Rs. 100/- than tax will be Rs. 30/-. If the cost price is Rs. 60 and Sold at Rs. 100/- than also the tax will be Rs 30/-. There should not be any change in rate in different States. A to Z taxes should be included in this Rs. 30/-. The progressive States will do better .
Dislike (0)
Reply
Report Spam
KUNUPADHI KUNUPADHI
KUNUPADHI KUNUPADHI 7 years 7 months ago
#Page 18 3. Summary of supplies made and tax liabilities 1. Details of outward supplies The Sr No should be "A" in stead of "1" At sr no. 2 of said tile....... Taxable supplies made to registered person (B2B), The taxable value of inter-state supply and intra-state supply should be captured separately. Otherwise it is difficult to know from the tax portion(IGST, CGST or SGST) that what portion of the transactions are inter-state/intra-state.
Dislike (0)
Reply
Report Spam
RAKESH MISHRA_17
RAKESH MISHRA_17 7 years 7 months ago
Please allow tax advocates, who are practicing since 5 years or above and having valid certificate of practice from Bar Council of India to do the Gst Audit. It is noted that in earlier law same was allowed in different state laws. By doing the practice of indirect law such as gst, the tax advocates are having their expertise in law as well as accounting principle to perform the gst related audit works. Moreover it helps tax payers in ease of doing business.
Dislike (0)
Reply
Report Spam
chandrashekhar swamy
chandrashekhar swamy 7 years 7 months ago
dear sir, It is best decision for business in india single return form for one monthly good decision for business in india thank you
Dislike (0)
Reply
Report Spam
Sukanta Ray
Sukanta Ray 7 years 7 months ago
Pg.22-Sl. 13 > INTEREST FOR LATE PAYMENT. Presently there is a misconception as to on which amount the interest has to be calculated -(i) on TAX PAYABLE, or (ii) on [TAX PAYABLE- ITC] for the period. This has to be clearly mentioned. e.g.- For a tax period 'T' the TOTAL TAX LIABILITY [Table-3] = Rs.100/- and NET ITC AVAILABLE [Table-4D] = Rs.20/- ; Now if the return is filed with a delay of 70 days, on which amount the interest should be calculated? On Rs.100/- or on Rs.(100-20)= 80/-?
Dislike (0)
Reply
Report Spam
Comments (1)
Sticky Menu