ENA Economy 2018-03-10 09:39:35 <p><strong>New Delhi, Mar 10 (KNN) </strong>The GST Council, which met today to discuss several issues like e-way bill and simplified filing under GST, has reportedly approved the rollout of the intra-state e-Way Bill from April 15.</p> <p>The states have been divided into four lots for the rollout.</p> <p>The 26th GST Council meet, chaired by Finance Minister Arun Jaitley, also postponed the reverse charge mechanism to July 1.</p> <p>The GST Council meeting failed to come up with any conclusive simplification process after deliberating on two models and has now postponed the decision for next Council meeting.</p> <p>Jaitley said there is a need to ensure there is no evasion of tax taking place under the new system and hence there is a need for further discussion.</p> <p>We have decided to form a GoM that will look into the matter and deliberate with IT experts to come up with a possible solution, said Jaitley.</p> <p>With businesses complaining of difficulty in invoice matching while filing final returns as well as complications in GSTN systems, the GST Council in November last year extended GSTR-3B filing requirement till the end of March 2018 and did away with the filing of purchase return GSTR-2 and final return 3.</p> <p>The last date for filing initial GSTR-3B returns for a month is the 20th of the subsequent month.</p> <p>The Group of state finance ministers under Bihar Deputy Chief Minister Sushil Modi met on February 24 to discuss the simplification process with Nandan Nilekani making a detailed presentation of what the future tax filing system could be.</p> 19279 http://knnindia.co.in/news/newsdetails/economy/gst-council-decided-to-implement-e-way-bill-from-april-15-no-decision-on-simplification-of-return-filing 2018-03-10 09:39:35 knnindia.co.in