Demand to increase the time for filing GST returns
Deepawali has compared. Alongside this, traders are worried about filing GST returns. Insight of the issues of traders, the Chairman of the Divisional Tax Advocate Board has tweeted to the PM and therefore the minister of finance, seeking to increase the time for filing the Tax Audit Report 2019-20 and two months for filing the annual returns of GST 2018-19. Chairman Kuldeep Mittal says that business started after months within the Corona period. In November, there are festivals like Karva Chauth, Deepawali. Most of the businessman is busy together with his business. In such a situation, the govt must reduce the responsibility of the traders. Therefore, late fees shouldn’t be collected for the late filing of returns.
The Divisional Tax Advocate Board has asked the Central Government to increase the deadline for filing tax audit reports and GST returns insight of the festive season. this might provide relief to businessmen. As we know that this is a festival time and there are a lot of expenses to be there However there are many issues to fill GST return on time. This is the only demand that people want to increase the GST return time.
Divisional Tax Advocate Board Chairman Kuldeep Mittal Advocate tweeted Prime Minister and minister of finance to file tax Audit Report 2019-20 and GST Annual Return 2018-19 thanks to the busyness of everyone including businessmen on a big festival like Deepawali. There’s a requirement to increase the time to two months. He said that business has started a touch like this point. Therefore, there’s a requirement to scale back government responsibilities in entrepreneurs and businesses. Mittal has demanded within the tweet that the corona epidemic isn’t yet over. Therefore, no late fee should be levied for late filing of GST returns till March.