Retailers’ body expects easing of GST invoicing norms

The government is likely to ease the Goods and Services Tax (GST) invoicing norms for retailers following a series of meetings and discussions, the Retailers Association of India (RAI) said here.”Issuing invoices as per the GST laws was causing a lot of hassle for retailers. The length of the bill and various codes were confusing customers who were feeling that they were being charged extra,” an RAI statement said.

Upon being requested by several members, the RAI submitted multiple representations to the Union finance ministry, it said.The government’s likely decision would be a great relief to the retailer community as it would facilitate smooth transactions at billing counters and solve issues regarding confusing final prices and the perception of a lengthy cash memo, the RAI stated.

Source:http://www.moneycontrol.com/news/business/economy/retailers-body-expects-easing-of-gst-invoicing-norms-2421209.html

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