We should not be much pleased if we are exempted from Annual GST Return. There are negative impacts also of this exemption. Those who have filed GSTR-1 or GSTR-3-B with errors inadvertently won’t have any further chance to rectify the errors and finally the department will issue notices and issue demand note to pay as per the system.
I would appreciate few lines of comments from CA Club also on this issue
CAclubindia
