“MSMEs need more support in complying with GST”

A proactive helpdesk and grievance redressal mechanism sought

July 06, 2018 08:07 am | Updated 08:07 am IST - Madurai

Micro, medium and small scale enterprises (MSMEs) need more support in complying with GST through proactive helpdesk and grievance redressal mechanism, said senior Charted Accountant, R. Sridhar.

Addressing a discussion on GST organised by Commissionerate of GST, Madurai and Tamil Nadu Chamber of Commerce and Industry here on Thursday, Mr. Sridhar said that corporates and big business enterprises could afford to get the services of experts in filing the GST returns. However MSMEs were unable to afford such a luxury. They had number of doubts on categorisation of goods under various labels – nil taxation, exempted from taxation and non taxable. “In many cases, the queries raised through the helpdesk and the grievance redressal mechanism were not replied,” he said.

Mr. Sridhar suggested that all the queries raised under the grievance redressal mechanism should be copied to the jurisdictional assessing officer concerned for effectively resolving the grievances. “Any further changes in the GST should be implemented only after a public discussion. Similarly, there were many deviations in the e-way billing exemptions. Different States followed different rules on e-way exemption, when GST is said to be one-nation, one tax” he said.

Speaking on the occasion, chamber senior president, S. Rethinavelu, said that GST was good as it had done away with many taxes. It was also transparent and has increased the compliance of tax paying.

However, he said that tax rates on various goods should be brought down considerably. Similarly, he wanted liquor, petrol and diesel, electricity and real estate to be brought under GST net. While filing four returns (three every month and one yearly) was a great burden to the trade and industry, he said e-way bills was a solution to do away with filing of multiple returns.

Joint Commissioners, V. Pandiraja (Central GST) and S. M. Saraswathi (State GST), Principal of American College, M. Dhavamani Christober, and chamber president N. Jagadessan, were among those who spoke.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.