Khan sir
"They are threatening that they'll shut my coaching centre, I'm ok with it, it's their Govt, their Police, their law.
But listen carefully, Your Givt didn't give me my name & coaching, I'll rebuild it"
This is what happens when you question the Govt.
Yet another #GSTHorror story.
A highly reputed business family running one of the most popular shops in a town for generations. Monthly turnover must be in crores. They get a notice for a tax demand for petty amount. A few thousands. They respond to the notice disputing the claim. The tax officer sends orders to the banks to freeze the businesses' bank account. The bank manager immediately calls up the family to inform them and helplessly tells they have no choice but to comply. The family is shell-shocked. The reputation they had built up over decades would be in tatters when their cheques don't get honoured. All for a few thousand rupees when they pay millions as GST every month. Shaken, they settle the demand.
Dear @nsitharaman@narendramodi this is the kind of tax terror that goes on in the name of GST - the 10th year of the Good and Simple Tax.
Few things to note:
- neither the bank manager nor the bizman knows whether the tax officer has the powers to do this.
- but that doesn't matter. It's the asymmetry in power and outcomes. Look at what the bizman gets to lose (and it is immediate) vs what the tax officer would lose (after a long drawn out process) if he is shown to have broken rules.
High time we curtail the discretionary powers of this parasitic, bloodsucking babudom. When is Modi going to get this?