Dont Get Surprised ! Rs. 107 Crore collected by Government towards GST returns Late Fee & Penalty
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B. Chandra Sekhar
GST is introduced to collect latefees and interest with the highest rates on the globe.
Last but not least, to treat trader a cheater and collect penalties. Big disappointment for those who have expected simple and harrasfree Act.
During the initial period july 17 to mar 18, the GST site was not stable for return filing.Huge late fees were collected irrespective of gst payments made in time.Agree this is very regressive in natute