Ahmedabad, Apr 24 (KNN) The GST after getting its final nod from the President earlier this month, is in its final phase of getting implemented. While there are speculations over the final date from which the One Nation One Tax policy : GST will be implemented, MSME traders’ associations have approached the Prime Minister to voice their concerns over the new tax regime.
The Gujarat Traders Federation has written a letter to the PM outlining the obstacles GST may create to the ease of doing business.
Referring to the eWayBill that is mandated in the GST, the traders body has questioned the need to set mobile check posts across the country, stating that this will lead to tax terrorism in the country. In the letter, the federation further added that checking at multiple levels will lead to wastage of resources and will lead to delay of shipments.
Quoting the already complicated procedures that the traders are mandated to comply with, the letter questioned the clause of real-time entry of each invoice in the GST.
Taking to KNN, Jagdishbhai Ramani, President of Federation of Industries and Associations Gujarat said that the GST is being welcomed whole heartedly in the country and it is a good decision by the government. However the industry especially the MSME sector is concerned over the complications with the implementation of the bill.
He said that the GST cannot be implemented with the turn of a magic wand. It will take time for the traders to understand the various compliances introduced under the new tax policy.
“We second the letter written by the GTF to the PM requesting him to intervene, our Association will be approaching the PM with the letter from our end as well,” Jagdishbhai added.
Last week the Ahilya Chamber of Commerce and Industry (ACCI) also raised similar concerns regarding the eWayBill procedure in a memorandum they submitted to the PM’s office and the Finance ministry.