MSMEs want GST levied only after receiving payments

The Hindu

Slowdown and pending dues put traders in a spot  A majority of the 13,000-odd micro, small and medium enterprises (MSMEs) in Visakhapatnam are in dire straits as the Goods and Services Tax (GST) is being collected the moment they raise invoice whether or not they receive the amount from those who place the orders. The MSMEs are already facing the heat of the economy slowdown and severe cost r…

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