Industry And Cluster | News & Insights

GST filing adds to MSME woes amid pandemic.

Published: October 28, 2020
Author: TEXTILE VALUE CHAIN

Filing GST returns continues to be a tedious and tiresome process, especially for micro, small and medium enterprises (MSMEs) who are already plagued with a plethora of issues owing to the pandemic. Be it the portal, the law itself that is constantly being altered or the sheer amount of time and resources being invested in ensuring that the returns are filed on time. The process is taking a toll on the entrepreneurs running these enterprises who are on the verge of downing their shutters after incurring losses through the lockdown period. At a time when small enterprise entrepreneurs are looking to cut costs, hiring a professional to handle the GST filing is being factored in as something that has to be done as it is too time-consuming and complicated for most small time entrepreneurs.

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