STREAMLINE GST SYSTEM
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It is welcome that Govt of India has introduced (New Tax System) GST w.e.f 01.07.2017. Any new scheme requires sufficient preparation before its implementation. While the GST system is implemented in haste without sufficient training to the concerned department officials who can guide the traders and tax practitioners. All formalities related to GST are to be fulfilled online i.e GSTN Portal. Since implementation of GST, traders and tax practitioners are struggling to file the tax returns due to lack of information and erroneous functioning of the GST Portal. The matter was brought to the notice of all the concerned, but the result is not satisfactory. Now the portal is showing late fee/penalty of Rs.200/- per day for delayed submission of the returns. This has created panic among the affected. Further some traders who have opted for composition scheme (ARN generated cases) have not got approval for the scheme nor have any intimation in this regard. Their account is showing late fee which is increasing every day. Some cases approved for composition scheme in August are now being shown as regular system and late fee/penalty is accumulating.
Now we request the Hon'ble Union Finance Minister who is also the Chairman of GST council to allow education time to all the concerned till the scheme is streamlined and hold penalty/late fee clause till then. Also kindly make provision for refund of late fee/penalty already paid by the traders. This will help smooth functioning of the new tax system and to maintain reputation of the Government.
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