India to Simplify GST Return Requirements

According to recent reports, India's GST Council decided earlier in May to simplify the GST return filing requirements. When GST was introduced in India from July 2017, a number of forms were introduced, including three standard monthly returns: Form GSTR-1 (return on outward supplies), Forms GSTR-2 (return on inward supplies), and Form GSTR-3 (final monthly return). However, given technical difficulties with the system, GST payers were instead allowed to use a simplified GST return (Form GST…