'GST enforcement to be lenient initially for genuine mistakes'

Elias Hubbard
June 23, 2017

"Intention is not to harass everyone in the first month", Revenue Secretary Hashmukh Adhia said here at a Town Hall session on GST.

Prime News, National, New Delhi, June 22:- with the implementation of Goods and Services Tax Act (GST) from July 1 2017, the fair for AC, First Class coaches will be hiked. In the GST regime, all the services to the tax payer- registration, furnishing of return, payment of tax and seeking refunds shall be made available through a common electronic portal.

Asked if the government may relax penalty and fine provisions for mismatches in return filing during the initial months, he said, "There would be leniency, but I can not announce now".

The provisions regarding the utilisation of fly-ash generated in power plants needed more clarity, Goyal said, adding that he has requested to raise this issue during the next GST Council meeting. He replied in the affirmative when asked if the council can consider waiver of interest and penalty for six months. The process of migration of existing tax payers, registered under Haryana VAT Act, 2003, Services Tax, Central Excise or any other tax being subsumed in GST is going on.

Even for B2B assesses, GST-Network has provided a software that automatically converts all the invoices.

The software has been developed by India's best IT companies and security checking has happened.

"Any technology system can witness short term breaks".

"Any transformation of this nature will have teething problems and require a transition period", he added.

Further, the Union Cabinet Secretary, P K Sinha had held a GST preparedness meeting on 20 June with 30 ministries in which he asked them to organise outreach program and publicity campaigns through their departments and PSUs for the objective of explaining the provisions of the new indirect tax regime to their stakeholders.

"It is a rare weapon that will be used as last resort", he said.

Other reports by Click Lancashire

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