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GST – The road ahead

It’s been almost two years since the introduction of GST in India. It has passed through many course corrections since it was introduced, with more changes likely in the coming days/weeks/months.

Some of the most recent changes announced are aimed at loosening the leash and reducing compliance complexities. The government has decided to introduce a simplified, single, monthly tax return format. The government has also extended the due date for filing of annual GST return for Fiscal Year 2017-18.

Source: BDO

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