MSME Minister Kalraj Mishra
today said small and medium enterprises (MSMEs) need not fear Goods and Services Tax (GST), and they should register themselves with GST
Network as it will benefit them.
He said the government has set up GST
cells to resolve all the issues related to the new tax regime.
The minister was speaking to reporters on the sidelines of the national workshop on GST
Mishra also said that GST
will help in reducing tax evasion and end inspector raj.
"It is a very important tax reform. Small and medium industry should not be apprehensive about anything. We are doing workshops across the country to resolve all your issues," he added.
He also asked the micro, small and medium enterprises (MSMEs) to give feedback to the ministry on GST
as it will take that up with the GST
"We have set up GST
cells for the industry. I request you all to do GST
registration," the minister added.
Talking to reporters, he said the MSME ministry has sought inputs from the khadi players on levy of GST
on their products so that it can take up the issues with the GST
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)