Traders seek penalty exemption till March for errors in filing GST returns

DHNS
October 6, 2017

Bengaluru, Oct 6: Traders cutting across various sectors on Thursday sought that no penalties be imposed on them till March 31 next year for errors in the filing of Goods and Services Tax (GST) returns as they are yet to get accustomed to the new tax regime.

Participating in an interactive session on GST organised by the Federation of Karnataka Chamber of Commerce and Industry (FKCCI) and the Economic Cell of the BJP, the traders stated that the GST law is new and there were possibilities of mistakes being made during the initial phase of implementation.

Besides, the filing of GST returns should be made easy as the micro, small and medium enterprises sector is not well equipped with Information Technology (IT) infrastructure and qualified manpower.

Tax relaxation sought

FKCCI President K Ravi sought some relaxation, at least for small traders, from filing monthly returns. “The time involved on filing returns on a monthly basis is enormous. There is a drop in business to the tune of 50% to 60% because the trader is not able of concentrate on business,” Ravi said.

B T Manohar, chairman, State Taxes Committee, FKCCI, said that traders and representatives from the industry do not find a place in the GST Council.

“A steering committee comprising the trade and industries along with government officials should be constituted. The panel should meet every two months and address all issues arising at the grassroot while implementing the new tax regime,” he said.

Former FKCCI president S Sampathraman said the GST rules were “draconian” and “unimplementable”. “In the name of preventing tax evasion, honest business persons are suffering,” he felt.

BJP Economic Cell convenor S Vishwanath Bhat admitted there were several glitches in implementation of the GST regime but they are all temporary. “GST will help India in building a robust economy by 2019,” Bhat said.

BJP leader and Bengaluru Central MP P C Mohan said he will place before the GST Council, which is meeting in New Delhi on Friday, the various issues raised by the traders.

Comments

Babu Gowda
 - 
Friday, 6 Oct 2017

I am small businessman my turnover is less than 12 lacs and my crime is I do interstate sales because of this GST is applicable to me in spite of being such a small turnover and i use to file my returns by myself (without any CA or accountant) because i cannot afford one it is very difficult for me to maintain all these GST, and i suggests government should specify a limit of interstate sale slab for GST eligibility.

Naveen Shetty
 - 
Friday, 6 Oct 2017

A land mark event in the history of our Nation.Full marks to Jetly and the GST Council. This one policy change will transform our Nation and its economy.

Albin
 - 
Friday, 6 Oct 2017

This govt puts thought process and hence we are able to get long time pending benefits in this short three years .Keep up the good work.

Mohan
 - 
Friday, 6 Oct 2017

Why so hurry when infrastructure yet to settle.

Kumar
 - 
Friday, 6 Oct 2017

This hurry exercises only for the the behest of the economic reforms, to compete with the global economic day to day trends.

Suresh
 - 
Friday, 6 Oct 2017

can someone tell me what will happen if some states refuse to implement GST and how the transactions will happen in to and out of these States?

Shiva
 - 
Friday, 6 Oct 2017

Nothing is clear about the GST rates for Protein based food supplement industry. These supplements are a COMPOSITE BLEND of various raw proteins such as skimmed Milk, whey, egg, pulses 7 cereals. Each of these ingredients are having varying rates of GST starting from 5% to 18%.These supplements are consumed by Atheletes who in majority belong to the low and middle income. We request the Government to please consider the fact that these products are mainly manufactured by small scale manufacturers and sold to the low/middle income. It is an unregualted market. OUR REQUEST IS TO PLEASE FIX A GST RATE BETWEEN 12% & 18%

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News Network
June 24,2020

Mangaluru, June 24: Congress leader Ivan D’Souza has vowed to serve the poor and practice as a lawyer in the city, as he completed six years of tenure as a member of Karnataka legislative council on June 23. 

Expressing satisfaction about his work as an MLC, he said: “I’m one among the three MLCs who have 100% attendance in the council. Meanwhile, I’m the only council member to utilise the privilege of raising five questions in each session. I brought several major issues to the government through the questions and succeeded in finding solutions to the problems of people.”

“During my six years of tenure as a council member, I could bring sanctions to the tune of Rs 46 crore through various departments. Meanwhile, financial aid to the tune of Rs 13.24 crore has been distributed through Chief Minister’s Relief Fund to nearly 1,600 beneficiaries. I will continue to serve the poor on my own as an individual. For this, I have set up an office in the premises of my house,” Ivan said, adding that he has distributed grocery kits and other essential items to over 18,000 families during the lockdown period.

“I have successfully fulfilled my duties as the chief whip of the government in the council and also as the parliamentary secretary to revenue department in Siddaramaiah and H D Kumaraswamy governments, respectively,” he said. 

Ivan said his office in the Mangaluru City Corporation (MCC) building will be handed over to JD(S) MLC S L Boje Gowda. “My doors are always open for the people. I will strive to build the party in the state,” he added. 

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News Network
January 15,2020

Shivamogga, Jan 15: Chief Minister BS Yediyurappa announced here on Wednesady that he will present the state budget on March 5.

Speaking to media here at his Shekaripura residence, he said this will the first budget of Yediyurappa government after coming to power in July this year and it is going to be his seventh budget presentation.

Budget preparation are going on and priority will be given to farmers in the budget.

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News Network
June 22,2020

Bengaluru, Jun 22: Areas having three to four COVID-19 cases being termed as clusters will be totally sealed and maximum testing will be conducted there, moreover only critical cases will be shifted to COVID hospitals in Bengaluru, said Karnataka Home Minister Basavaraj Bommai.

Speaking to media persons, Karnataka Home Minister Basavaraj Bommai said, "It has been decided that clusters (areas having 3-4 #COVID19 cases) will be totally sealed and maximum testing will be done there. Only critical cases will be shifted to Covid hospitals. I demanded that police personnel are tested on priority."

"A lot of issues were discussed about the spike in COVID-19 cases. As far as hospitals are concerned there are two types of patients, asymptomatic and symptomatic, moderate and critical. Moderate and normal cases can be shifted to COVID centres," he added.

Bommai further added that beds in hospitals need to be reserved for corona warriors as well.

"There has to be a coordination between BBPM who brings the patient and the hospital, the moment a positive case is reported to avoid the waiting period. Even in hospitals, some beds have to be reserved for corona warriors. Community transmission is not yet there but we have to be prepared," he added.

Earlier today, Karnataka Chief Minister BS Yediyurappa had called an emergency meeting of concerned officials and departments to discuss measures to control rising COVID19 cases in Bengaluru.

As the numbers of COVID-19 cases are increasing in Bengaluru at an alarming rate, the Chief Minister opined that this can be contained only if preventive measures were implemented strictly.

He directed the officials to implement lockdown strictly in the clusters, which reported more number of cases, especially KR Market and surrounding areas such as Siddapura, VV Puram, Kalasipalya. It was decided to seal the adjoining streets, where the cases are reported.

He said that stringent action would be taken against those who violate quarantine and FIR would be filed if necessary.

Officers were directed to fix rates for treatment of COVID patients in private hospitals to make coronavirus treatment accessible to all.

Yediyurappa further instructed officials to set up fever clinics in all wards and maintain hygiene and provide other basic amenities to the people who were quarantined in social welfare hostels and other government institutions.

"COVID-19 should be contained without affecting the economic activities in Bengaluru, which resumed recently," he said.

"COVID War Room shall have real-time information on the availability of beds in various COVID hospitals and shall facilitate the infected person to avail treatment without losing any time," added Yediyurappa.

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