Issues with GST: Inputs Sought

This discussion should have ideally happened in this circle but I guess LC Manager may have put it there to get consumer inputs. Businesses are the ones who crib many times. Every one here is your turn to share GST problems. more

Many of you know how during the first year, this circle discussed and submitted various consumer and small business inputs on GST to CBIC and many of them were incorporated by the GST Council in course of the year. With this post we would like to seek your specific inputs on the various issues you have faced with GST in the last 2 years as a consumer as well as a business. We would urge you to be as specific as possible as we believe the solution lies in collective understanding and escalation followed by corrective action.We look forward to your inputs!

Helpful All GST Queries Answered Feb 10

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Deenaz Bulsara

I really feel that the Local Manager has to take up the case of GST for Co-op housing societies and let us get back our GST contribution retrospectively. Abolish Input tax as it is creating a lot of corruption. Surely the government can see what is happening, they are not blind - then why do they not do anything about it? more

Feb 11

MOHIT PANDE

via_LocalCircles_GST_on_Housing_Societies_is_Unconstitutional-PDF.pdf

GST ISSUES 1. GST is not a Good and Simple Tax as was promised by PM. 2. Input Tax Credit system has given an opportunity for massive frauds. Input tax credit is 400% of GST collection. 3. Input Tax Credit system needs to be abolished. GST rates can be 0% for exempted goods & services, 5% for all goods & services and 15% for luxury goods & services without input tax credit. 4. GST @ 18% on members contribution towards common expenses per month exceeding 7500 is unconstitutional. Section 2(17) (e) of CGST Act 2017 should be deleted. Explanation is attached. 5. GST @ 18% on TV viewing should be reduced to 5% as TV is used by all sections of society including poor persons. 6. GST @ 18% on Insurance Premium should be reduced to 5%. 7. GST compliance has become complex day by day since July 2017 due to hundreds of notifications being issued to make it more complicated. This has created an opportunity for corruption. 8. Even Advance Ruling Authorities are a confused lot as different rulings are being issued in States. 9. Cement is being charged GST @ 28%. Is it a Luxury good? Even poor also need it. The GST rate should be 5% without input tax credit. 10. Abolishing Input Tax Credit will save thousands of man hours spent on filing a large number of Returns. 11. Abolishing Input Tax Credit system will result in savings of Crores of Rupees to business men which they incur on getting Returns filed by Chartered Accountants. Minimum charge for filing a Nil return is Rs.1200/-. 12. GST Council should also invite Business Men and Chartered Accountants for meeting to make GST a Good and Simple Tax. more

Feb 10