Goods & Services Tax (GST) Updates

I am already facing issue with ITC. Two persons have failed to report the bill issued.

Which means loss of about 7000Rs (when GSTR2 will be implemented)

Repeated reminders to seller has not fetched any response.
 

... the idea was to move away from computer systembased matching of returns, which generates large mismatches between claims of suppliers and buyers.

“The supplier will upload the details and the recipient will do the matching,” Modi said

How is this even going to solve the problem? Government is solving own problem by letting dealers fight with each other.

They definitely FAILED to generate any mechanism for matching and proving.

Which means that effectively GST will be SAME AS VAT / CST. (VAT renamed as SGST and CST renamed as IGST)

What is the solution if supplier does not upload Invoice and eats up tax? Where to complain? Who will be judge?

All back to square one.
 

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