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Difference between Old Vs New GST Return System

To make the taxation system more simplified, the government announced the launch of GST 2.0 aka New Return Filing. The objective of the New Simplified GST Returns is to completely knock off the tax evasion pan India so that the transparency and equality can be attained under the indirect tax mechanism. Let’s look at how different GST 2.0 is from the old return filing mechanism and how it will benefit the taxpayers.

 

Source: tallysolutions.com

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