Industry hails late-fee relief for GST non-filers, demands zero tax rate on medical devices, health services
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Industry hails late-fee relief for GST non-filers, demands zero tax rate on medical devices, health services
PTI / May 29, 2021, 17:19 IST
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NEW DELHI: Industry chambers on Saturday said the GST amnesty of reducing late fees for delayed monthly return filing will provide some relief to small taxpayers, and demanded complete waiver of the late fees and interest.
They, however, expressed disappointment over no decision on demands of zero-rating of healthcare services, medical devices and equipment used in Covid-19 treatment.
PHD Chamber president Sanjay Aggarwal said that small and medium businesses have been severely impacted due to the pandemic and allowing them to file pending returns with reduced late charges, will encourage them to file returns and ease their compliance burden.