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Thursday 15 April 2021

Mandal: Make GST regulations trader-friendly

Tribune News Service

Chandigarh, April 14

A delegation of the Chandigarh Beopar Mandal (CBM) has handed over a memorandum containing some suggestions for a simple and trader-friendly goods and services tax (GST) to UT Additional Excise and Taxation Commissioner Rakesh Popli.

CBM president Charanjiv Singh said their main suggestions included only three standard tax slabs of 0%, 5% and 15%, permission for submitting revised GST returns, doing away with the provision of criminal cases and instead imposing only penalty in case of any lapse in the GST return.

GST coordination committee chairman Ram Karan Gupta and CBM general secretary Sanjeev Chadha were also part of the delegation.



from The Tribune https://ift.tt/3uXyaaJ

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