Bihar Deputy Chief Minister Sushil Kumar Modi is reviewing 66.79 lakh new registrations by taxpayers, which could be fake or pertain to shell companies. “The new taxpayers, who are 66.7 lakh in number, hardly pay 15% of tax. So, whatever taxes we are getting from them is only 15% of taxes, which is about Rs 10,000 crore. Hence, we are strictly monintoring the new taxpayers to ensure they are not fake,” he told reporters after the his meeting with the GoM. “”The new taxpayers, who are 66.7 lakh in number, hardly pay 15% of tax. So, whatever taxes we are getting from them is only 15% of taxes, which is about Rs 10,000 crore. Hence, we are strictly monintoring the new taxpayers to ensure they are not fake,” he told reporters after the his meeting with the GoM. Another decision was taken regarding late fee. “It is a one-time opportunity for those have not filed their GST return-1. We have waived the late fee of Rs 100 per day. Those who don’t file the GSTR-1 for two consecutive terms, their e-way bill will also be blocked,” he said. On the issue of delay in refund matters, he said” “States are delaying in acknowledging those online applications. And if sometimes they acknowledge, they have to issue deficiency memo which are not being issued. We have gone into the details, and asked the states to expedite all these refunds. Now, the system has become very simple.”
