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To open a current a/c with any bank in #India GST registration is mandatory
There is a threshold turnover limit in #GST of Rs. 40 lakhs for registration
If you take voluntary registration, you'll have to pay tax even if your sale is Rs. 10
#UnEaseOfDoingBusinessInIndia
There is a threshold turnover limit in #GST of Rs. 40 lakhs for registration
If you take voluntary registration, you'll have to pay tax even if your sale is Rs. 10
#UnEaseOfDoingBusinessInIndia
Earlier, some of the bank's were accepting #UdyogAadhaar Certificate which is now known as #MSME Registration for opening current account in the name of a firm
But now @nsitharaman & @ianuragthakur hv made GST registration mandatory 4 getting MSME
#UnEaseOfDoingBusinessInIndia
But now @nsitharaman & @ianuragthakur hv made GST registration mandatory 4 getting MSME
#UnEaseOfDoingBusinessInIndia
It seems like a trap for Medium & Small Enterprises #MSME
The threshold limit of Rs. 40 lakhs to get registered in GST is just a #Deception
#EaseOfDoingBusiness seems more like a thing for #Ambani & #Adani
Who can get lands for opening factories at No Cost
#MakeInIndia
The threshold limit of Rs. 40 lakhs to get registered in GST is just a #Deception
#EaseOfDoingBusiness seems more like a thing for #Ambani & #Adani
Who can get lands for opening factories at No Cost
#MakeInIndia
Is this how #Modi government promoting Digital Currency?
By pressurizing #MSMEs to pay GST even when they are below the threshold limit? Because if they don't take a GST registration they cannot even open a current account with Banks ?
How is this ease of doing business?
By pressurizing #MSMEs to pay GST even when they are below the threshold limit? Because if they don't take a GST registration they cannot even open a current account with Banks ?
How is this ease of doing business?
Why is the @RBI silent over this issue when #RBI can easily formulate guidelines on this aspect and this will drastically promote digital currency in the #MSME Sector
It is because of these restrictions a small dealer is forced to deal in #cash & then u blame him for black money
It is because of these restrictions a small dealer is forced to deal in #cash & then u blame him for black money
Why such unethical tactics to forcefully get #MSMEs registered for #GST
One one hand you direct him to promote the agenda of #AatmaNirbharBharat and on the other hand you are making it harder and harder to conduct his business ethically and legally.
One one hand you direct him to promote the agenda of #AatmaNirbharBharat and on the other hand you are making it harder and harder to conduct his business ethically and legally.
You guys have increased the compliance burden so much for these budding & small dealers who want to leave their jobs and start a small enterprise of their own that the only option they have is to work of #Ambani or #Adani
Or if he can afford, he leaves this country
Or if he can afford, he leaves this country
17 #GST Returns per annum
#IncomeTax returns
#TDS returns
#MSME Registration
Delays in #GST & #IncomeTax refunds
Your own staff in incapable to understand the GST law and the online mechanism in place
If someone misses a deadline for filing GST Returns, you cancel registration
#IncomeTax returns
#TDS returns
#MSME Registration
Delays in #GST & #IncomeTax refunds
Your own staff in incapable to understand the GST law and the online mechanism in place
If someone misses a deadline for filing GST Returns, you cancel registration
What the hell are you guys heading to ??
The best thing #GST has done till now is promoted #GST Consultants, speakers, GST compliance software developers and YouTubers
The small businessman is not at ease.
Have you guys made it complicated for consultants to make money ?
The best thing #GST has done till now is promoted #GST Consultants, speakers, GST compliance software developers and YouTubers
The small businessman is not at ease.
Have you guys made it complicated for consultants to make money ?
A small dealer cannot make interstate sale with a #GST Registration
Why? Where is the ease ?
@amazonIN is bulk calling its sellers to get on #AmazonPrime and charging Rs. 850 for #GST registration amendment
Ur own department is not able to handle the data. Where is the ease?
Why? Where is the ease ?
@amazonIN is bulk calling its sellers to get on #AmazonPrime and charging Rs. 850 for #GST registration amendment
Ur own department is not able to handle the data. Where is the ease?
@nsitharaman @ianuragthakur you should try and file a grievance at your own GST portal.
It is extremely fast (I applaud) but completely ineffective
They will reply by evening that your complaint has been resolved but there will be no resolution in the mail
#GST
It is extremely fast (I applaud) but completely ineffective
They will reply by evening that your complaint has been resolved but there will be no resolution in the mail
#GST
@narendramodi @nsitharaman @ianuragthakur 
It is a sincere request to either get in touch with small dealers directly or via small #CAFirms not #Big4 to know the ground reality
Current situation is suffocating for a small dealer to promote the agenda of #AtmaNirbharBharat
It is a sincere request to either get in touch with small dealers directly or via small #CAFirms not #Big4 to know the ground reality
Current situation is suffocating for a small dealer to promote the agenda of #AtmaNirbharBharat
