GST RETURNS

RETURNS

For B2B transaction, the taxpayer shall give the line-wise and state-wise details of supplies,credit and debit note would be linked with the original invoice against which the same is being issued.

Further, returns would be filed on monthly basis Number of returns during the year would also multiply.

Therefore, the taxpayer must have adequate staff to comply these additional requirements. Unless the accounting is done in competent software by the capable accountant, timely and properly, required reports could not be generated.

Thanks