Below are seven myths and realities surrounding GST:Myth 1: I need to generate all invoices on computer/ internet onlyReality 1: invoices can be generated manually alsoMyth 2: I need internet all the time to do business under GSTReality 2: Internet would be needed only while filing monthly return of GSTMyth 3: I have provisional ID but waiting for final ID to do businessReality 3: Provisional ID will be your final GSTIN number.Asserting that people should not fall for any rumour, Adhia in a series of tweets cleared the myths about GST and said the process around the implementation and execution will be transparent. Start businessMyth 4: My item of trade was earlier exempt so I will immediately need new registration before starting business nowReality 4: You can continue doing business and get registered within 30 daysMyth 5: There are three returns per month to be filedReality 5: There is only one return with three parts, out of which first part filed by dealer and two other parts auto populated by computerMyth 6: Even small dealers will have to file invoice wise details in the returnReality 6: Those in retail business (B2C) need to file only summary of total salesMyth 7: New GST rates are higher compared to earlier VATReality 7: It appears higher because excise duty and other taxes which were invisible earlier are now subsumed in GST and so visible nowEarlier, Adhia urged the people to not believe in any misinformation.“Nothing to worry on GST implementation, don’t need big IT infrastructure. Under GST, six slabs of taxation have been proposed by the council, ranging from 0 per cent to 43 per cent.. Initially, it is being said that essential commodities and luxury goods will be taxed separately.The GST, which rolled out on June 30 midnight is said to bring the Indian economy under a single tax bracket. Even B2B don’t need big software.New Delhi: Revenue secretary Hasmukh Adhia on Sunday cleared apprehensions of consumers over the complexities of the Goods and Services Tax (GST), which is likely to benefit honest taxpayers.Elucidating the process of the filing returns, Adhia further said that the people will only have to file return one in three months. We will give  China ball bearings Factory free software,” he said.