City
Epaper

In 4 years, GST has become colonial taxation system: CAIT

By IANS | Updated: July 1, 2021 14:50 IST

New Delhi, July 1 On completion of four years of GST implementation in India on Thursday, the Confederation ...

Open in App

New Delhi, July 1 On completion of four years of GST implementation in India on Thursday, the Confederation of All India Traders (CAIT) said much against the declared spirit of GST as Good & Simple Tax , the GST has become a "colonial taxation system" not compatible with the ground realities of business conducted in India and available resources with the traders.

Various amendments and introduction of Rules under GST in the recent past have made the taxation system much complicated and put more compliance burden on the traders.

It is not alone the Central government but largely the State governments are more responsible for distorting GST taxation system and bringing disparities and anomalies in GST making it a more complex system and a big headache for the traders, said CAIT.

CAIT said that even after 4 years of GST implementation in India, the GST portal is still struggling with many challenges.

The rules are amended but the portal fails to update with said amendments timely. So far no National Appellate Tribunal has been constituted. No Central Advance Ruling Authority has been constituted giving a free hand to States to interpret the law in their own way distorting the fundamentals of "One Nation-One Tax".

The GST Authorities are more interested in GST compliance but never thought that a large chunk of traders in the country are yet to adopt computerization in their existing business format and no step has been taken to equip the traders with computers, etc.

CAIT said that in the recent past, the GST Council has thrown all canons of natural justice by empowering the authorities to cancel GST Registration of any trader without giving him any notice or an opportunity of hearing. Unfettered and arbitrary powers are given to officers without realizing the misuse of such powers which may lead to corruption.

"The GST law has been greatly distorted by the authorities which is evident from the fact that since the date of GST implementation till 31st May, more than thousand notifications have been issued and interestingly the traders have not been allowed to rectify their returns even for once. In such a situation how can we expect traders for timely compliance of the taxation system."

At the 4-year mark, only 45 per cent citizens give thumbs up to the transition to GST, 29 per cent unhappy with it, a survey by Local Circles said.

The survey sought to know how as consumers' would rate the 4 years of GST in India. In response, 15 per cent said "excellent", 30 per cent said "good", and 16 per cent said "average".

Breaking down the poll, 9 per cent of consumers rate the 4 years of GST as "below average", 20 per cent said "poor", and 7 per cent said it made no difference to them, while 3 per cent did not have an opinion. On an aggregate basis, only 45 per cent of consumers gave thumbs up to the transition to GST, while 29 per cent are unhappy with it.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Confederation of all india tradersNational appellate tribunalindiaNew DelhiThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of indiaIndia indiaNew-delhi
Open in App

Related Stories

National‘Harassing Crores for a Few’: Ex-CEC S.Y. Quraishi Criticises SIR Process at Lokmat National Conclave 2025

NationalLokmat National Conclave 2025: Manoj Jha Flags ‘Freebies Culture’, Says Elections Are No Longer Fair

HockeyIndia Clinches Bronze with 4-2 Win Over Argentina in FIH Men’s Junior Hockey World Cup (VIDEO)

CricketIndia vs South Africa 2025 Schedule: Full List of Matches, Dates, Venues and Fixtures

TechnologyOpenAI Offers ChatGPT Go Free for a Year in India; Check All the Features Users Can Now Access

International Realted Stories

InternationalLook forward to script new chapter in bilateral ties: Bangladesh HC after EAM Jaishankar's Dhaka visit

InternationalUkraine launched drones at Putin's residence from Sumy, Chernihiv: Russian Defence Ministry

InternationalIANS Year Ender 2025: A year of strains, signals and slow repair for India–US partnership

InternationalEarthquake of magnitude 3.4 strikes Tibet

InternationalNew Zealand rings in 2026 with dazzling fireworks in Auckland