Confederation of West Bengal Trade Associations seeks amnesty scheme for GST disputes
Traders’ association the Confederation of West Bengal Trade Associations has written to revenue secretary Sanjay Malhotra seeking an amnesty scheme for Goods and Service Tax disputes.
According to the trade body, small businesses cannot keep pace with the changes made by the government to the GST through various amendments in the Acts and Rules and through developments on the GST portal, leading to many cases being booked for non compliance or late compliance without the intent of fraud.
Traders’ association the Confederation of West Bengal Trade Associations has written to revenue secretary Sanjay Malhotra seeking an amnesty scheme for Goods and Service Tax disputes.
According to the trade body, small businesses cannot keep pace with the changes made by the government to the GST through various amendments in the Acts and Rules and through developments on the GST portal, leading to many cases being booked for non compliance or late compliance without the intent of fraud.
“A one-time Vivad scheme may be allowed for cases where showcause notices have been issued. We hope only 30 per cent of tax payment is demanded and a waiver is given for interest and penalty for the years 2017-18, 2018-19 and 2019-20,” the trade body said in its letter.
“The mistakes made in filing returns be allowed for rectification and unclaimed credits under section 16(4) should be allowed for all these years,” the letter said.
