Distribution of ITC to Branches under same PAN by ISD (Input Service Distributor) as per Rule 39
This provision allows businesses with multiple branches under the same PAN to distribute input tax credit (ITC) for input services among their branches, simplifying the process and enhancing tax efficiency.
Ease in Return Filing to Small Taxpayers under QRMP (Quarterly Returns with Monthly Payment Scheme)
The QRMP scheme is designed to ease compliance for small taxpayers by allowing them to file GST returns quarterly while making monthly tax payments, reducing the burden of frequent filings.
GST Benefits to Small Taxpayers under Composition Scheme under Section 10
This scheme offers a simplified tax structure for small taxpayers, allowing them to pay GST at a fixed rate of turnover, thereby reducing compliance costs and easing the administrative burden.
Exemption from GST Filings under Section 35
This provision exempts certain small businesses and individuals from filing GST returns, helping to alleviate compliance burdens for those with minimal transactions or low turnover, promoting ease of doing business.
