‘GST to be kind initially for genuine mistakes’

GST

New Delhi, June 23: The government announced it will be lenient initially after the implementation of Goods and Services Tax (GST) that comes into effect from July 1.

“Our intention is to have a smooth landing of GST. Intention is not to harass everyone in the first month,” Revenue Secretary Hashmukh Adhia said on GST.

The government will be very very kind to genuine mistakes, Adhia added.

“There would be leniency but I cannot announce now. The rules provide that the GST Council can waive certain requirements for certain time,” he said further.

The Secretary also said it will simplify the return filing process and waive the interest and penalty for six months.

Around 65 lakh tax payers have registered with GST, 70-80 per cent are business-to-consumer (b2c) dealers who have to file just the total turnover return while b2b have to give all the invoice details.

The Council has allowed businesses a relaxation of time for the month of July and August for filing their returns.

Wefornews Bureau

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