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BJP Govt is looting millions of honest #MSMES and destroying them with draconian #GabbarSinghTax. GST imposes heavy late fines and charge 18% on #GST amount.
Pandemic situation and Govt insensitivity collectively destroyed MSMEs.
#4YearsOfGabbarSinghTax
Pandemic situation and Govt insensitivity collectively destroyed MSMEs.
#4YearsOfGabbarSinghTax
#MSMES are the backbone of the country and employment generation engines. Millions of honest taxpayers MSMES are victims of GST.
Many genuine MSME lost their business in this Pandemic and GST hammered them further to wipe them out of the market.
#4YearsOfGabbarSinghTax
2/n
Many genuine MSME lost their business in this Pandemic and GST hammered them further to wipe them out of the market.
#4YearsOfGabbarSinghTax
2/n
GST charges 10,000 Penalty/month/return and 18% interest on principal GST amount. eg. if 100,000 GST is delayed.
GST charges 10,000 late fine + 18,000 Interest = 1,28,000.
Struggling MSMEs are made to pay 28,000 extra for 1,00,000 GST liability.
#4YearsOfGabbarSinghTax
3/n
GST charges 10,000 late fine + 18,000 Interest = 1,28,000.
Struggling MSMEs are made to pay 28,000 extra for 1,00,000 GST liability.
#4YearsOfGabbarSinghTax
3/n
