GSTN advises taxpayers to plan return filing, invoice uploading to avoid last-minute rush
The Goods and Services Tax Network (GSTN) has urged taxpayers to plan their return filing and invoice uploading in advance to avoid the last-minute rush. The GSTN has advised taxpayers to ensure timely filing of their returns and uploading invoices to avoid penalties and other related issues.
The GSTN has emphasized the importance of preparing invoices and returns ahead of time to guarantee prompt filing. Additionally, taxpayers should ensure they make their tax payments on time to avoid interest or penalty charges. It is also essential to accurately file returns and upload invoices to avoid incorrect tax calculations, which can result in penalties and legal repercussions.
To make the tax return filing process simpler for taxpayers, the GSTN has introduced several initiatives. One such initiative is the simplified return filing system. The system allows taxpayers to file their returns with ease and convenience, saving them both time and effort. Furthermore, the GSTN has integrated with the e-way bill system, which has streamlined the tax return filing process.
RE-reported from the story originally published in Indian Express