Features And Format Of Simplified Returns Mechanism Released

The GST Council in its 28th meeting held on 21 July 2018 had approved the key features and a new format of GST returns. Now, the GST Council has released the salient features of the new return format and the business process for information of trade and industry and other stakeholders.

Return filing process

1. Outward Supplies
   
   
   • Facility for continuous uploading of invoices by the supplier and viewing of such invoices by the recipient on the GST common portal.
   • These would be auto populated as 'Annexure of outward supplies' in the main return.

1. Inward Supplies and ITC
   
   
   • Annexure of inward supplies - To be auto drafted based on invoices uploaded by suppliers.