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Tuesday, October 1, 2019

GST Revenue decreased during September 2019

Stakeholders are the key persons for boosting up the revenue to the Government .  They should not indulge in any malpractices.  Some of them are knowingly doing this.  It will affect the business of genuine dealers which will also induce them to do such things.  For this, Revenue from Tax will be reduced automatically.  Frequently GST Council reduced rate of tax and in some cases exemption was also given.  Manufactures should also  reduce the  price and cut the unnecessary expenses and pass the benefits to the customer.  Every stakeholders before going to deal with any transactions, they should know the financial position of the buyer and strictly do the cash sales only with them.  Before selling the goods/buying the goods they should verify the monthly payment made to the Government.  Without verifying this they are suffering a lot. Do the business with care.  This is my humble request.

Jai Sri Sai Ram.

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