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
February 25,2020

Bengaluru, Feb 25: Infosys is all set to announce a cyber defence centre in Indianapolis to complement its technology and innovation centre inaugurated early last year.

This will be Infosys' seventh global cyber defence centre. According to its recent cybersecurity report titled 'Assuring Digital Trust,' 83 per cent of executives view cybersecurity as critical, yet 67 per cent are still struggling to have security embedded.

The cyber defence centre will provide end-to-end, real-time, 24x7 cyber security monitoring and protection services to support and guide American businesses in their digital transformation journey, it said.

The facility is dedicated and organised to prevent, detect, assess and respond to cybersecurity threats and breaches.

Client environment will be monitored round the clock, adopting a follow-the-sun model to deliver services like 24x7 security monitoring, management and remediation, threat hunting, security analytics, incident discovery and response, compliance reporting and malware analysis.

Vishal Salvi, Chief Information Security Officer and Head of Cyber Security Practice at Infosys, said the cyber defence centre is staffed with expert security analysts with niche skills around threat research and intelligence gathering to deliver best-in-class services to customers.

"Additionally, advanced data analytics and machine learning models are deployed to detect zero-day threats by unknown threat actors. This supports our commitment to helping our customers build a resilient cybersecurity programme that operates at scale while increasing operational efficiency and reducing costs," he said in a statement.

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News Network
May 22,2020

New Delhi: BJP leader Yogish Gowda, who was a member of the Dharwad Zilla Panchayath in Karnataka, was killed because of "political reasons", the CBI has alleged in its charge sheet filed against eight accused before a Dharwad court, officials said on Thursday.

Mr Gowda was killed on June 15, 2016 in front of a gym in Dharwad.

The charge sheet was filed before the Judicial Magistrate First Class Court in Dharwad against Santosh Savadatti, Dinesh M, Sunil KS, Harshith, Aswath S, Nazeer Ahamad, Shanawaz and Nutan K. All but one are in judicial custody.

"The accused allegedly came to Dharwad on two occasions in June 2016 and with the support of the other accused, allegedly planned the murder of Yogish Gowda. These accused fled after the crime," CBI spokesperson RK Gaur said.

The agency has alleged that the killing had "political reasons" behind it and was a result of political rivalry, the officials said.

The agency had taken over the case on September 24, 2019, nearly three years after the murder, on the request of the BJP government in Karnataka and a referral from the centre.

The case was earlier probed by the Karnataka Police which had charged six people for allegedly planning and executing the killing.

The CBI has arrested eight accused in the case of which seven are in judicial custody, they said.

"Further investigation into the role of the other accused and larger conspiracy in this case is continuing on a day-to-day basis," Mr Gaur said.

BJP leader murder caseYogish GowdaCentral Bureau of Investigation (CBI)

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coastaldigest.com news network
May 18,2020

Mangaluru: As many as 178 passengers arrived in the coastal city from Dubai as the second flight under the Vande Bharat Mission landed at the Mangaluru International Airport (MIA) at 7.55am on Monday.

Among 178 passengers, there were 99 male, 67 female, 11 children and one infant.

Dakshina Kannada deputy commissioner Sindhu B Rupesh said that all the necessary arrangements had been made to ensure that the passengers were not inconvenienced in any way. 

“All of them have been provided with health kits, sufficient food, sim cards, etc. We have also set up facilities at the airport where they can exchange foreign currency. The emigration process was conducted only after each passenger was subjected to screening by health department personnel at the airport. We will have their throat swabs tested for Covid-19 on Tuesday,” Sindhu said.

Personnel attired in personal protective equipment gear shifted the passengers’ luggage, while buses had been arranged for transporting them to quarantine facilities, Sindhu added.

Probationary IAS officer Rahul Shinde, additional deputy commissioner MJ Roopa, district health officer Dr Ramachandra Bairy and MIA director VV Rao were among those who received the returning Indians along with the DC at the airport.

Public, including friends and relatives of the passengers, were barred entry to the airport.

Rooms in as many as 10 hotels have been reserved to quarantine passengers flying in to Mangaluru from the Gulf. The rooms are priced between Rs 1,000 and Rs 5,400. Meanwhile, those unable to afford rent will be accommodated at government hostels.

 

Mangaluru, May 18: The second repatriation flight to the coastal Karnataka from Dubai landed at Mangaluru International Airport at 7.45 pm. today.Mangaluru: As many as 178 passengers arrived in the coastal city from Dubai as the second flight under the Vande Bharat Mission landed at the Mangaluru International Airport (MIA) at 7.55am on Monday.

 

Dakshina Kannada deputy commissioner Sindhu B Rupesh said that all the necessary arrangements had been made to ensure that the passengers were not inconvenienced in any way.

 

“All of them have been provided with health kits, sufficient food, sim cards, etc. We have also set up facilities at the airport where they can exchange foreign currency. The emigration process was conducted only after each passenger was subjected to screening by health department personnel at the airport. We will have their throat swabs tested for Covid-19 on Tuesday,” Sindhu said.

 

Personnel attired in personal protective equipment gear shifted the passengers’ luggage, while buses had been arranged for transporting them to quarantine facilities, Sindhu added.

 

Probationary IAS officer Rahul Shinde, additional deputy commissioner MJ Roopa, district health officer Dr Ramachandra Bairy and MIA director VV Rao were among those who received the returning Indians along with the DC at the airport.

 

Public, including friends and relatives of the passengers, were barred entry to the airport.

 

Rooms in as many as 10 hotels have been reserved to quarantine passengers flying in to Mangaluru from the Gulf. The rooms are priced between Rs 1,000 and Rs 5,400. Meanwhile, those unable to afford rent will be accommodated at government hostels.

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