When TDS returns are once say every quarter and income tax return are once a year.
Why GST return should be repeated twice. One in every month and once more in yearly as annual return.
We should raise voice to ban filling GST annual return.
It is a harassment to tax payers by doing repetition of work, where we spend
🕙Time
💰Money,
💪Energy and
💁♂Labour productivity.
We should raise an appeal to the finance ministry to suspend filing GST annual return, alternatively,
Ban filing monthly return, where assessee can be allowed to file one annual or quarterly return.
🙏🙏🙏
We the disciplined assessee co-op with patience with the Govt for the last three years, as we understand the practical difficulty in transition to the new system.😒
But
That doesn't mean that assessee should compel to file GST annual return apart from regular monthly return,( irrespective of turnover.) Every year.😜
We the disciplined assessee expect the tax forum, Trade association, chamber of commerce at every State to file a note to suspend the annual return, as a measure of ease of doing business😁
CAclubindia
