Quarterly GSTRs pose new hurdles for MSMEs
NEW DELHI: Quarterly goods and services tax ( GST ) return filing for small businesses is turning out to be a double-edged sword. A key relaxation in compliance for micro, small and medium enterprises (MSMEs) is leading to blockage of input credit tax and cash flow issues for large companies that have to file monthly GST returns, prompting them to change suppliers. Payments…