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The Government has released the Anti-Profiteering Complaint Form for the consumers who want to lodge grievances against businesses for not giving the benefits of reduced taxes under GST regime.
For claiming refunds under GST, recently the government has observed that nearly 10,000 applications have been filed by exporters till November.
Prime Minister has given direction to Consumer Affair Ministry handled by Ram Vilas Paswan to become attentive on grievances from common people in respect to Goods and Service Tax (GST) and Exaggerating price issues with retailers.
The government certainly reduced Goods and Services Tax (GST) rates on 178 items in the last week, but businesses are searching for some confusing ways to not transmit the profits to the customers.
Under the GST, the exports of taxable goods or services are treated as zero-rated supplies. It means that the suppliers will not have to pay any GST on any of their exports.
The Union Cabinet gave its consent for establishing a National Anti-Profiteering Authority under GST regime as it wants to make sure that the benefits of slashed prices under GST regime reach to common men.
The GST council has offered a relaxation to all the FMCG companies which are into taking advance from the dealers and stockists before supplying the goods to the market by exempting them from GST on all such kind of advances.
The government has now decided to utilize the CBEC expertise and its network of about 4500 Seva Kendras to provide solutions to the small businesses and taxpayers who are tackling with the complex return filing procedure of Goods and services tax.
GST is a complex taxation reform, it enhanced the compliance burden on taxpayers and they are facing problems in filing returns. To get rid of this problem, the government had informed to the tax officials to keep an eye on the activities of the newly implemented indirect tax regime.
