GST return forms likely to be tweaked to curb mismatches
The government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be available for public feedback starting November 1 and the changes take effect on April 1, 2027.
New Delhi: The government plans to revamp goods and services tax (GST) return forms to curb mismatches between sales reported by businesses and the tax they pay, a key trigger for notices from tax authorities.Draft forms will be uploaded on the MyGov portal on November 1 for public feedback until November 30, a senior official said on Thursday. The revised forms will take effect from April 1, 2027.
