What should the Government do to improve GST collection?
With this post, we seek your specific inputs on what the Government should do to minimise GST evasion and maximise GST collections while ensuring that the genuine tax paying businesses do not face difficulties.
We look forward to your inputs! more
# Most of the sellers donot raise bill to the customers. To avoid this all billing should be done thro gst portal for which govt should give the sw free or at meagre cost.
# GST SW is still complex and most of them need to take the assistance of the GST practitioner at the cost of Rs.500/- to Rs.1000/- Per Month. This must be more end Assessee DIY friendly .
# Self employed professionals who are earning very much beyond the IT free slab are still not collecting GST. Ex. banks allow collecting cash from customers for valuations and legal opinions. Instead Banks should collect cash and pay for professional services they are outsourcing.
#Anyone doing a business should necessarily possess the GST registration irrespective of the GST free Slab.This will help govt to be atleast how many are in business.
# Small Business & Home business should be encouraged to take GST. Fot this GST must be given in the name of the Individual instead of Business. This will be helpfull for cottage industries where keeping a signboard should not be insisted. more
2. Awards for whistle blowers reporting GST fraud.
3. Make payments of all the purchases of over Rs 1000/- mandatory through credit/debit cards on proper bill.
4. Allow individuals to earn rewards points on GST amount paid on the bill, to be used for making purchase from favorite stores.
5. Customer will compel the shopkeepers to give proper bill duly quoted GST number to able to earn reward points. more
Single unique number should be assigned to a lot or group to monitor its flow. more