Under the leadership of State President of Confederation of All India Traders (CAT) Mahendra Goyal, a delegation of traders submitted a memorandum addressed to the GST Council. CAT State President gave a 15-point memorandum to the Additional Commissioner Grade 1 of the State Goods and Services Tax. The memorandum said that the GST tax regime was implemented in the country with effect from July 1, 2017. Since then, more than 1185 amendments have been made, yet GST is still an incomprehensible puzzle among traders.
Through the memorandum, the State President of CAT said that GSTR-2 was postponed for 4 years after the implementation of GST. Due to this the merchant could not view his purchases on the portal. Now, under section 61, notice is being given to traders regarding mismatch of input tax credit under the year 2017-18, which is completely wrong. All notices are demanded to be withdrawn immediately.
CAT State President said that the permission to revoke the registration under the GST amnesty scheme implemented at present should be allowed from July 1, 2017 and the benefits of section 16(4) should also be given. In GST, not only 'One Nation One Tax' but one authority should be established. Since it is going to be 5 years since the implementation of GST, efforts should be made to simplify GST. The tax liability on the buyer should be waived off on account of default by the seller in filing the return or non-payment of tax.
Through the memorandum, it was also demanded that Reverse Charge Mechanism (RCM) should be abolished on the transport and tax should be collected from the transporter on the bills of the transport companies. Also demanded that input tax credit should be given for the tax paid on every expenditure incurred for the business. It was also demanded that if the government has made more than 1185 amendments in the GST Act as per its convenience, then the traders should also get the facility of amendment in the return before filing the next return. The resolution plan should be increased from 1.5 crores to 3 crores. Also, the rate of tax should be half percent instead of one percent. Second Appellate Tribunal should be constituted in all the states with immediate effect.
There was also a demand to abolish the system of cash ledger on the portal and convert it into cash wallet. In the event of the expiry of the deadline regarding new registration by the state tax departments, the registration application is canceled by raising unnecessary objections. Therefore, this system should be brought under the Central GST.
State President Mahendra Goyal, Senior State Vice President Vibhu Agarwal, Prayagraj President Manoj Aggarwal, Computer Dealers Welfare Association President Saurabh Gupta, Pan Content Sellers Association President Sandeep Jaiswal, Uttar Pradesh Adarsh Vyapar Mandal President Shiv Vishal Gupta K. Additional KK Aggarwal, Ashish Kesari, Sandeep Aggarwal, General Secretary of Allahabad Distributor Association Ashok Aggarwal, Rahul Gupta, Anu Pandey, Jai Kishan Chaurasia etc.