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HomeGST NEWSStartups Find Filing GST Returns A Herculean Task Amid Coronavirus Lockdown

Startups Find Filing GST Returns A Herculean Task Amid Coronavirus Lockdown

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Due to lockdown, startups are finding it difficult in filing of GST Tax returns and generating e-way bills. The process of filing GST itself from consolidating bills of expenses and purchases from different teams, validating and entering on the accounting systems, calculating GST due from sales and more is complicated.Mohammed Iqbal, founder, WaterScience said that lots of companies prevent people from carrying sensitive financial info out of their offices.  He further raised the concern that liquidity might be another concern for the companies.

https://inc42.com/buzz/startups-face-herculean-task-of-gst-filing-amid-coronavirus-lockdown/

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