Know Your Deadlines For GST Return Filing

file GST return

 

With the GST rollout on 1st of July, every tax paying business owner across the country is preparing to adapt to the new system of tax return filing. The schedule in the new regime now demands monthly filing and is making a move from a system of annual return filing to a system of automated data communication. Businesses would need time to adjust to this new schedule and the government has now made the announcement that the first filing is to be carried out on the 20th August, as a soft launch. However post this soft launch, all organisations within a few months will be expected to meet deadlines on which along with other factors, compliance scoring will be calculated. Here is a schedule that will help you track these timelines. Make sure you print a copy and stick it your desk.

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