Nag Vidarbha Chamber of Commerce (NVCC) Established in 1944, is Apex Trade Association of 13 lac traders of various trade, commerce & industry and their association’s from Vidarbha region, with mission & vision of; to promote, support, or defend constitutionally the legislation or other action ther legislative or executive by the State or Central Government, Railways, Local Authority or any other authorities affecting or likely to affect the trade & commerce activity in the region directly or indirectly.
To consider, originate and support improvements in the of the country.
Thus NVCC is instrumental in addressing the needs of business community from the region and operate as a bridge, between the Central, State & Local Government and business community, so as to balance the interest of both sides.
We are thankful to your office and GST Council, for taking various measures in Covid pandemic for GST relief in 43″ GST Council meeting. We appreciate that gover has reduced GST Late fees permanently and also announced GST Amnesty for July 2017 to April 2021, by reducing GST Lates to Rs 500 and Rs 1000 applicable.
This GST Amnesty scheme for period July 2017 to April 2021 is applicable only if GST Returns with Tax payment is filed upto 31 Aug 2021.
â€¢ TAX PAYER ARE DEPRIVED OF “TRUE BENEFIT OF AMNESTY” DUE TO EXPIRY OF TIME LIMIT TO ACTIVATE GST REGISTRATION – With positive action, government came with GST Amnesty scheme, in order to help small taxpayer to file their pending GST Return and make payment of tax. However due to cancelled GST Registration status, they are not able to do so. Also, in many taxpayers’ case, time limit of 90 days. to reactivate such cancelled registration is over. This directly impacting, rather stopping, taxpayer to avail this Amnesty scheme.
â€¢ Provision of Sec. 16(4)-It is to be noted here that in case these tax payers file their returns now after a gap of say 1 or 2 years, they would be getting hit by the provision of time barred Input Tax Credit u/s 16(4) and thus we request your good office to give relief in this provision as well otherwise no tax payer would come forward and avail the benefit of this amnesty scheme.
“Therefore, we request to kindly allow all taxpayer whose Registration is cancelled for any period (From July 2017 to April 2021), to reactive their GST Registration, Make Payment of Taxes to government, file their GST Return and Come on the path of compliance”
With this representation, we are not supporting taxpayer who are defaulter. However, we request government to give them one chance to reactive their GST Registration where time period of 90 days is over.
Details of Issue and Representation:
Many taxpayers whose GST Return and Tax Payment was outstanding for past period, wanted to file their pending GST Return with Tax Payment, but due to heavy GST tate fee (which was coming in lakhs) were unable to file (as under GST, returns cannot be filed without late fee payment).
Now with GST amnesty scheme, many taxpayers- a) wants to file their outstanding Tax Retum B) want to make Tax Payment to government and c) want to come on the path of compliance.
However, issue with such taxpayer is that, their GST Registration is cancelled by GST officers/department due to non-filing of return and time limit of 90 days for revocation of such cancelled registration is also over. Due to which said taxpayer are not able to activate GST Registration and make payment of pending tax liability to government.
This is causing hardship and impacting all stake holder (including government) as per below:
.LOSS OF TAX COLLECTION TO GOVERNMENT- Taxpayer wants to make taxpayment and file pending returns, but due to expiry of 90 days, said taxpayer are not able to activate their cancelled GST Registration and Government is losing Tax collection in such case
â€¢ IMPACTING MSME TO DO BUSINESS-This issue is peculiarty with MSME Such
people, who did mistake and wants to correct their noncompliance and st new innings, but unable to do so, as their GST Registration is cancelled a 4/6 can not be activated. This is stopping the person from doing the (Impacting Self employed / small entrepreneur taxpayer).
âœ”Taxpayer wants to make payment of their outstanding liability. Help such taxpayer to make tax payment to government
Help such MSME to make new good start. Help such MSME to come on the path of compliance.
We are sure, if our Representation on recent amnesty, if accepted, will benefit to
Government By getting tax from the taxpayer who wish to but unable to do so â€¢Taxpayer â†’ By starting new inning of Tax Compliance
Overall Economy â†’ By encouraging taxpayer who stopped their business due to egistration cancellation
We request you to kindly consider and give relief for above mentioned points. Hoping for early relief / action from government. Since GST Amnesty scheme is valid upto 31″ Aug 2021, it is important to consider above representation at earliest.