Changed GST norms hurt small businesses

New Indian Express

NEW DELHI:  The recently introduced GST rule insisting that tax refund claims by businesses must be supported by invoices from suppliers to avail full credit is making life more difficult for businesses, especially small ones, who don’t have the influence to force suppliers to comply with timely filings.  The companies point out that there is no penalty on suppliers who delay filing…

Sign in to read the full article

Create a free account or sign in to access the complete content.