GST Diwas held in 125 cities for feedback on new return filing system

The new return form will be made mandatory from April 1, 2020.

The central and state authorities on Saturday organised GST Stakeholder Feedback Diwas on the new system for filing returns across 125 cities to get on-the-spot response and suggestion.

The new return form will be made mandatory from April 1, 2020.

About 7,500 trade associations/stakeholders participated in the programme, Central Board of Indirect Taxes and Customs (CBIC) said in a statement.

"There has been an overwhelming response from GST stakeholders and several useful suggestions have been received. The programme was widely welcomed by GST stakeholders and tax professional/fraternity," it said.

Besides a large number of taxpayers, all prominent chambers of commerce and industry, tax practitioners and compliance managers also participated in the programme.

CBIC said the Central Goods and Services Tax (CGST) officers explained the new system of filing GST returns and encouraged the participants to upload these returns (ANX-1 and 2) and give feedback in regard to the ease of compliance, uploading, deficiencies and improvements.

The focus was on assessing the ease of compliance and uploading of these new returns so that the taxpayers and traders do not face any difficulty when the returns are made mandatory, it added.

Last month, Finance Minister Nirmala Sitharaman had directed the CGST and SGST authorities to organise a nationwide interaction with stakeholders in order to get a first-hand feedback on the new GST returns that are proposed to be rolled out from the next fiscal year.

This was a follow up of the finance minister's meeting held on November 16 with select taxpayers, Chartered Accountants and tax practitioners on the same subject.

Further, during the first National Conference on GST held on November 25, Revenue Secretary had also urged the states GST authorities to hold similar stakeholder consultations in their jurisdictions.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel