The Indian government has introduced a new GST return filing mechanism for small businesses whose turnover is below 5 Crore rupees. This GST return filing system was introduced in the 28th GST council meeting (See “Simplification of GST Returns”) held on 21st July 2018. The government introduced a simplified form for GST return filing in which taxpayers would need to file less information than before in comparison to the regular taxpayers.
