The Goods & Services Tax (GST) is the newly launched tax system in India that was implemented on July 1. The new tax regime has completely replaced the existing indirect tax system of the country introducing many new terms and processes.
The old tax returns are now replaced with GST Returns. GSTR Forms are the special return forms used by registered taxpayers to file their tax returns on the common portal under GST. GSTR 1 of one of the GST returns forms.