Bizmen favour filing regular GST return to generate e-way bills

Tribune News Service

Ludhiana, September 23

Many businessmen are putting pressure on the government not to stop generation of e-way bills even if their Goods and Services Tax (GST) returns are not being filed on time due to several reasons.

Earlier, the government had given relaxation to businessmen to generate e-way bills without filing Goods and Services Tax returns for a few months due to Covid induced pandemic. As the situation has improved the government has asked businessmen to deposit the Goods and Services Tax and generate e-way bills. If businessmen fail to deposit the Goods and Services Tax, they won’t be able to generate e-way bills and will be blocked by the department concerned.

There are few others, who believe that if businessmen have charged the Goods and Services Tax from the buyer, why should there be any delay on their part to deposit it with the government?

These businessmen believe that those, who do business in a transparent manner and pay all taxes, will never think twice before depositing the Goods and Services Taxon time with the government.

“The particular demand to not to stop their e-way bills is coming from those businessmen, who don’t pay due taxes and are engaged in circulating fake input

tax credit (ITC),” say genuine taxpayers.

Talking to The Tribune, Rajan Garg, vice-president, Small Scale Steel Re Rollers Association, Khanna-Mandi Gobindgarh, said, “We believe that the government should not give relaxation for any period. If we are doing any business honestly, then there should be no problem with paying taxes to the government. If Goods and Services Tax returns are filed on time, tax is deposited and genuine businessmen get the input tax credit in a transparent manner. When we collect tax from customers, why should we hesitate in depositing it with the government?”

Welcoming restrictions, another businessman Badish Jindal said, “Strict implementation of the Goods and Services Tax system will eradicate the menace of bogus billing in the country. Good companies will file return on time. Firms, which issue fake invoices and don’t file returns, will be blocked from getting e-way bills. Besides, the government will also monitor all such fraudulent companies (online) so that genuine businessmen do not suffer.”