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GSTN portal becomes a problem for small business, details missing in tax filing, burden of punishment begins to fall – Business News India


The GSTN gateway has again become a problem for small merchants in the country. According to the information, even after paying the GST for the whole year, tax arrears appear on the online portal for merchants. It is estimated that the number of such entrepreneurs is more than 50 percent. Now these traders face a fine of Rs 50 per day.

The composition traders are now demanding the government to fix the flaw in the portal and extend the due date of the annual return. In fact, most entrepreneurs weren’t able to properly file their annual GSTR-4 return until April 30th. In such a case, the information related to the GST that they have filed with the department will disappear from the portal.

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Under government rules, entrepreneurs with annual turnover of up to Rs 1.5 crore are included in this scheme for this. Under this scheme, there is a facility to pay GST at only one percent of gross sales and file returns every quarter. The real problem started when the department added a new Schedule 6 by making changes to the CMP 08 Quarterly Return Model from the year 2019-20. In this, you must fill in the GST payment information.

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The GST has been sent but the details could not be filled out

Experts say that most traders were unable to fill in these details despite their GST filing. Now due to this outage, negative GST liability is starting to appear on the portal. When merchants complained, management informed this by re-depositing the GST and recovering it in the future.

More than half of the businessmen got into this problem

Tax affairs expert Abhishek Raja Ram Hindustan told that there are a large number of these Kapuri and they are unable to go out together because there is no organization that can put everyone’s demands together before the government. According to him, more than half of the businessmen will fall into this problem. At the same time, the income of such businessmen is also limited, since they are not in a position to pay taxes twice. He suggested that the government undertake relief work for businessmen by extending the date of this return.

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