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India GST Council Approves Simplified Return Filing Requirements and Rate Changes

|Approved Changes|India
India

India's Central Board of Indirect Taxes & Customs has issued a release on the simplification of the GST return requirements approved During the 28th meeting of the GST Council held 21 July 2018. The two main changes include:

  • The introduction of a single monthly return for all taxpayers, with a few exceptions, that includes two main tables:
    • A table for reporting outward suppliers; and
    • A t…

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