Top

Telangana government asks to relax GST penalty norms

Defaulting traders are liable to pay a penalty of Rs 200 per day. Of this, Rs 100 has to be paid to the state government.

Hyderabad: The Telangana state government has written to the Centre to relax the penalty norms against traders who failed to file the GST returns within the stipulated deadline.

Defaulting traders are liable to pay a penalty of Rs 200 per day. Of this, Rs 100 has to be paid to the state government.

Traders brought it to the notice of the state government. They said that they could not file the returns due to technical glitches in the GST network. The government sought relaxation for August and September.

Somesh Kumar, principal secretary of commercial taxes department, said that the government considered their request as the GST network was encountering technical problems since the introduction of the GST.

“The problem with GST network was faced in several states. Traders have requested us to relax the penalty norms. We have requested the Centre to consider it,” he said.

( Source : Deccan Chronicle. )
Next Story