MSMEs fear harassment, misuse of power by officials under new GST regime

Small businesses are fearing increased harassment by tax officials in the New Year when the amended Goods and Services Tax (GST) rules will come into effect. The rules were amended to empower GST officials to initiate recovery proceedings against businesses without providing a show-cause notice for any mismatches in forms GSTR-1 and GSTR-3B. Until now, the tax officials were required to issue show…