Traders urge government to simplify GST

By

Maverick Martins

Published
Jan 2, 2019

The Confederation of All India Traders (CAIT) has requested the government to simplify the procedures of the Goods and Services Tax (GST) to help small businesses across the country adopt the tax policy.
 

With the general elections looming, the government recently made amendments to the e-commerce policy which is expected to benefit the traders across the country and create a level playing field.
 
Traders are now expecting additional benefits from the government and hoping for a simplified GST system which they feel will bring over seven crore small businesses in the country under the indirect tax regime.

“Traders across the country faced many difficulties including glitches in the GST portal, irrational classification of goods in different tax slabs, complicated tax procedure, non-availability of refunds from the tax authorities and complicated return forms,” CAIT said in a statement.
 
"If the Goods & Services Tax (GST) procedures are made simple and traders are not unnecessarily harassed or victimised, it will inculcate confidence among the trading community about GST and more and more people will come under formal economy," CAIT added.
 
The Indian government is currently in the process of simplifying the tax system and the new simplified return forms for goods and services tax (GST) are expected to be rolled out from April 1 this year.