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India: Plans for transitioning to new, simplified GST returns

India: Plans for transitioning to new, simplified GST

The Indian government announced a plan for transitioning to a new, simplified goods and services tax (GST) return. A prototype of the new GST return was released in May 2019.


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The new return form (GST RET-1) will have two schedules or “annexures”—

  • GST Anx-1 (outward supplies)
  • GST Anx-1 (inward supplies)

Beginning in July 2019, the new form is expected to be available, but in an “offline mode” in an effort to help taxpayers become familiar with and accustomed to the new form.

“Large taxpayers” would continue to file their GST returns using the existing forms (GSTR-1 and GSTR-3B) for tax periods up to September 2019. Afterwards, use of these forms is expected to be phased out.

Read a June 2019 report [PDF 703 KB] prepared by the KPMG member firm in India

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