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CAG for setting up of time-frame for roll out of simplified GST return forms

CAG for setting up of time-frame for roll out of simplified GST return forms

The Comptroller and Auditor General of India (CAG) on Wednesday made a case for setting up a definite time-frame for roll out of simplified GST return forms as frequent deferments are resulting in delay in stabilisation of return filing system.

The GST return system is still a work in progress despite more than three years of GST rollout, CAG audit report presented in Parliament said. In the absence of a stable and simplified return mechanism, one of the main objectives of roll out of GST i.e. simplified tax compliance system is yet to be achieved, it said.

“During the current audit, we noticed that owing to the continuing extensions in the roll out of simplified return forms, and delay in decision making, the originally envisaged system-verified flow of ITC through ‘invoice matching’ is yet to be implemented and a non-intrusive e-tax system still remains unimplemented,” it said

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