Government need to removes penalty charges from GST filing

The industry has welcomed the relief given to small taxpayers filing late GST returns. However, the industry has said that late fees and penal interest should be completely removed in this case. Disappointment by the industry over the decision not to make GST-free medicines and useful goods for Corona patients. has been expressed. In this regard, Sanjay Aggarwal, President of Ph.D. Chamber of Commerce and Industries (PHDCCI) said that the small and medium industries have been badly affected by the Corona crisis. Relief on Late Fine on GST returns will give taxpayers an incentive to file returns. Industry body FICCI demanded a complete removal of fees and interest that were delayed in filing returns. The president of the organization, Uday Shankar, said that keeping the goods related to Corona out of the purview of GST would help the country to become self-sufficient in the matter of these products.