GST Council introduces simple Return for 2 months; Outward supplies facility from July 15

Finance Ministry releases press release on relaxation in return filing procedure for first two months of GST implementation; States that tax would be payable based on simple return (Form GSTR-3B) containing summary of outward and inward supplies which will be submitted before 20th of succeeding month; However, invoice-wise details in regular GSTR-1 would have to be filed for the month of July and August as follows – (i) for July – GSTR-1 from September 1st to 5th, while G...