Waiting for press conference. Today finance ministry may come up with major relief for tax payers.
Hope it bring positive relief to small tax payers.
The most interesting thing to see will be how input credit will be allowed based on return flows.
If quarterly return is allowed to small tax payers, how their buyers who are filing monthly return will get input credit?
Will it be again on self assessment basis?
Government should not come with quarterly return as per me.