New Delhi, June 21, 2019 (Yes Punjab News)
The GST Council in its 35th meeting held here today extended the date for filing annual returns under the Goods and Services Tax (GST) regime by two months to August 30.
Informing of the decision, Revenue Secretary Ajay Bhushan Pandey said that last day for filing of annual returns was 30 June 2019 but the government had received representations from trade & business that they need more time as they’ll be filing returns for the 1st time.
“GST council has extended the date. So now the returns can be filed by 30 August, 2019,” he said.
The Council also decided to introduce a new one-form new GST return filing system, which will be applicable from January 1, 2020. Today’s meeting of the Council was its first after the recently concluded general elections. The GST Council, which is headed by the Union Finance Minister Nirmala Sitharaman, also approved an electronic invoicing system and e-ticketing in multiplexes.
The GST Council also eased the registration process by allowing the use of Aadhaar by businesses to register with GST-Network.
“One of the major changes that we’ve made is for the ease of GST registration. In the earlier system, people had to give various documents. Now we have decided to use Aadhaar. By using Aadhaar several advantages will occur to the business. The person who is applying can go online, using his Aadhaar number through OTP authentication he can register himself on the GSTN portal and get GSTN registration number,” Revenue Secretary Ajay Bhushan Pandey said. (Agency)