What is New GST Return Filing System


Posted October 16, 2021 by onlinelegalindia

You need to know the procedure GST Return Filing System.
 
For Immediate Release: 16th October 2021


New GST Return Filing System and Online Legal India™

Chennai: The GST Council in its 42nd meeting which will be held on 5th October in 2020, proposed a new GST return filing system dedicated to small taxpayers. The purpose of introducing the new GST return filing system is to reduce the monthly GST return filing burden on small taxpayers. The Government of India is also trying to make the new GST scheme simple and easier for small businesspersons. The types of GST return has also been made simple for the small businesspersons.

Online Legal India™ can assist the small taxpayers in the QRMP (Quarterly Return Filing and Monthly Payment of Taxes) scheme whose annual turnover is less than Rs. 5 crores. Not only with the QRMP scheme, but the GST return experts can help a person also with the GST return due date extension also. As per the QRMP scheme, the small taxpayers are bound to file the GSTR-3B on a quarterly basis and the small businesspersons must pay the tax every month. Small businesspersons who are eligible for the QRMP scheme are also eligible for the IFF (Invoice Furnishing Facility) if their annual turnover turns out to be 1.5 crores per annum. Online Legal India™ is bound to assist the small businesspersons who are eligible for both the QRMP scheme and the IFF scheme. The GST department has provided two options like FSM (Fixed Sum Method) and SAM (Self Assessment Method) for the small businesspersons to provide the amount stipulated for GST return. The Online Legal India™ GST experts are determined to assist the small businesspersons with FSM (Fixed Sum Method) and SAM (Self Assessment Method) also.

About Company: Online Legal India™ is famed in India as an online consultancy firm where one-stop-solution to all types of legal necessities is available. The company is registered with MCA (Ministry of Corporate Affairs). The company runs intending to provide the best legal services to individuals and all types of small and large companies, for example, if a small businessperson is unable to e-file the GST return or does not know about the GST annual return due date, the GST experts can support the small business person. The company has a team of GST experts, to make people aware of GST return last date, and other professional executives to provide legal help and legal assistance to the common man as well as companies. Online Legal India™ is ready to assist a client to resolve and settle all the legal problems as quickly as possible. Online Legal India™ has a registered office in Chennai, Tamil Nadu. We have branch offices in New Delhi, Mumbai, Bengaluru, and Kolkata. Online Legal India™ has the reputation to provide perfect legal assistance to individuals and companies as per their requirements.


Team Corporate OLI
Online Legal India
Call: 08069029400
[email protected]
Visit our Website: www.onlinelegalindia.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Team Corporate OLI Online Legal India
Phone 08069029700
Business Address B 8, Block B, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309
Country India
Categories Business , News , Services
Tags gst annual return due date , gst return due date extension , gst return last date
Last Updated October 16, 2021