New Functionalities on GST Portal Option to change Return filling Frequency Taxpayers whose turnover is above Rs 1.5 Cr and who have wrongly selected option as quarterly filling, now with this facility they can change the option to monthly. Provided the taxpayer has not filed any return as per wrongly selected quarterly option. Reduce Penalty payment : If a Demand Id has created by Tax officials and if payment is made against the demand created, within the specified period of 30 days from the date of communication of the order, the taxpayer is eligible for waiver of 50%. Supplies from Customs Bonded Warehouse: Supplies can be shown as inter- state when made from customs boned warehouse. Changes have been made on GST portal in form 1,2 ,4 &5. Amendments and new feature for ISD: Facility to file amendments in ...