Composition Taxpayers With ‘NIL’ Returns Can File Via SMS: GST Network

Goods and Services Tax Network (GSTN), which provides the IT backbone of GST system, have already provided the facility to file NIL GSTR-3B (monthly summary return filed by normal taxpayers) and NIL GSTR-1, (monthly or quarterly return filed by normal taxpayers to disclose their outward supplies along with their tax liability)to the taxpayers.

With the extension of this facility to composition taxpayers, now over 35 lakhs taxpayers can file NIL returns offline through SMS, GSTN said. GST composition scheme can be opted by any taxpayer whose turnover is up to Rs 1.5 crore. Under the scheme, manufacturers and traders are required to pay GST at 1 per cent, while it is 5 per cent for restaurants (which do not serve alcohol).