Summary:
“The new software will be given to all small traders to ensure uniformity in filing GST returns,” said Modi. Photo: Wikimedia CommonsBengaluru: The Goods and Services Tax Network (GSTN) has directed its software vendor Infosys to design new forms for filing returns by traders, said its Group of Ministers Chairman Sushil Kumar Modi on Saturday. “We have directed Infosys to design the new forms as suggested by the GST Council to simplify filing returns by traders on the network,” Modi told reporters here after the 10th meeting of the GoM, held here to review the working of the network. As decided by the GST Council, e-commerce firms will pay Tax Deduction at Source (TDS) and Tax Collected at Source (TCS) with effect from October 1. The e-commerce companies have to deduct TDS up to 1 per cent state GST and 1 per cent central GST on intra-state supplies of over Rs 2.5 lakh..