New Simplified GST Return Forms likely to be rolled out from 1 April 2019
The new simplified GST Return Forms are likely to be rolled out from April 1, 2019. In past, CBIC had already put up in public domain the draft GST return forms 'Sahaj' and 'Sugam' and sought public comments. These forms are likely to replace the existing forms GSTR-3B and GSTR-1.
Revenue Secretary also showed confidence that the government will achieve its budgeted target for GST collection and said the revenue department is also getting inputs about entities which are evading taxes. He further added that the refund process is also being further streamlined to make it completely online and taxpayer friendly.
When asked about the date for rollout of the new simplified return forms, He said, "we are targeting from April 1 2019".