Small businesses with no tax dues can now file GST returns with a text message

The GSTN company that processes GST returns on Monday, informed that the small businesses with no tax liability can now file their Goods and Services Tax (GST) returns with text messages

The facility for filing returns with no tax payment liability has extended to small businesses which file returns on a quarterly basis under the composition scheme, said the company.

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The facility for filing returns with no tax payment liability has been extended to small businesses which file returns on a quarterly basis under the composition scheme.

For filing returns, they no longer need to log in to the GSTN’s portal. Quarterly statement of self-assessed tax can be filed and validated with just two text messages.

This makes compliance easier for small firms, from which the authorities had faced a backlash initially when the technology-intensive tax system was rolled out in 2017.

That had led to roll back of several security features of the new tax system to ease their pain.

Since Friday, GST officials have arrested two persons in separate cases involving trading of fake invoices meant to evade taxes.

Efforts are now on to place firms with questionable transactions under ‘risky category’ and block their tax refunds.

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