GST Council meet: Simple return filing to digital pay incentive; highlights

Return filing to get easier: The buyer will not have to upload any invoice and can simply view the invoices uploaded by the seller and confirm them

The GST Council on Friday decided to roll out in six months a new, simpler process of filing monthly returns, as it deferred a decision on imposing a sugar cess and allowing an incentive for digital payments. In its 27th meeting, the GST Council also decided to take complete ownership of the goods and services tax network (GSTN) by acquiring the equity share held by non-government institutions.

However, deferring the decision on the imposition of a cess on sugar as well as a two per cent incentive for making payments digitally, the panel decided to set up two separate groups