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
April 24,2020

Bengaluru, Apr 24: Karnataka is likely to start Convalescent Plasma Therapy for COVID-19 patients, who are critical, from tomorrow, Medical Education Minister K Sudhakar said here on on Friday. "We have already got approval for Convalescent Plasma Therapy.

There is no need for any special permission for it....when I was in BMC (Bangalore Medical College) I spoke to We may probably start it for the first patient from tomorrow itself. The donor has also agreed," Sudhakar said.

Speaking to reporters here, he said the convalescent Plasma Therapy was only for patients who are critical, in Intensive Care Units or on ventilator. According to the latest update, five COVID-19 patients are in ICUs in the state.

After attending video conferencing by Union Health Minister Harsh Vardhan with health and medical education Ministers of all states, Sudhakar said the Minister lauded the good practices adopted by Karnataka in its fight against COVID-19 and asked to share the same with other states.

Responding to a question, he made it clear that COVID-19 is something that was not going to end by May 3 or by May end and like other viruses, would continue to exist. Sudhakar, who is leading the government's efforts against COVID-19 in Bengaluru and is in charge of the state war room, said many people are treating corona as a social stigma, which was not right.

There was no reason to get frightened about it as the infection can be cured, he said. "We have to take precautions so that it doesn't spread further....like fever, cold and cough- corona also can be cured... 97% people it can be cured, those with comorbidity and those above 60 years have to take some precautions. We have to bring in certain changes in our lifestyle and maintain social distancing," he added.

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News Network
June 4,2020

Udupi, Jun 4: Karnataka Medical Education Minister Dr K Sudhakhar on Wednesday said that he will take up an issue before a high-powered committee on COVID-19 to find out the possibility of imposing lockdown on a particular house of the person infected with the virus instead of sealing down of entire areas.

Talking to reporters here on Tuesday after reviewing the district's prevailing COVID situation, the minister said the concept and modalities of declaring any area as containment zone has undergone changes in the last two months.

"Hitherto, we were declaring the entire area as the containment zone after detection of coronavirus positive cases. Subsequently, the area of the containment zone was decreased from the whole area to a particular street," the Minister said.

"Now, BJP MLA Raghupati Bhat has given a suggestion to seal down a particular house of the positive patient which would be taken up before the high-powered panel. The district administration concerned could supply all essential items to the particular family," he said.

He further said that the Union government has been providing all facilities to all the states to deal with the situation."

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News Network
January 17,2020

Bengaluru, Jan 17: Chief minister BS Yediyurappa is likely to induct new ministers into his cabinet only after he returns from Davos, Switzerland, on January 25.

Yediyurappa will leave for Davos on January 19 to participate in the World Economic Forum’s 50th annual meet.

Sources say Yediyurappa is keen on expanding his cabinet before he leaves for Davos and is still trying to secure the green signal from BJP national president Amit Shah. However, Shah has cold-shouldered Yediyurappa’s several requests for a meeting to discuss the issue.

Shah is scheduled to visit Karnataka on January 18 to participate in a pro-Citizenship (Amendment) Act rally in Hubballi and the CM plans to corner him there. But, given the time constraint, Yediyurappa is likely to put off the exercise till he returns from Davos even if Shah extends approval.

“Even if Shah gives the green signal, Yediyurappa will have less than 24 hours to expand his cabinet,” a source said. “It is highly unlikely he will rush through the process of inducting ministers. Also, his presence is required to douse disgruntlement which is bound to arise once the new ministers are sworn in.”

The CM and the party high command are on different pages as far as cabinet expansion is concerned. While Yediyurappa is hell-bent on keeping his promise of inducting all the newly elected MLAs, who switched from Congress and JD(S) to the BJP, Shah is keen on sharing vacant berths equally between loyal MLAs and the new entrants. There are 16 cabinet berths vacant.

Shah, sources said, is of the opinion that giving 12 berths to the turncoats will lead to heartburn among loyalists and it will impact the party’s prospects in the next election. “Moreover, he is of the opinion that none of the turncoats have mass appeal, nor do they have any administrative experience. This, he thinks, will impact governance,” said a source.

This has resulted in a deadlock and the issue has dragged on for a month now.

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