The exemption given for e-way bill requirement should be increased to ?2 lakh instead of ?1 lakh, according to the Indian Chamber of Commerce and Industry, Coimbatore. The return filing process should be simplified with just one monthly return instead of three returns filed now. V. Lakshminarayanasamy, Managing Director of Suguna Group of Industries, Coimbatore, was elected president of The Indian Chamber of Commerce and Industry, Coimbatore, for 2018-2020. The chamber also said that the reverse charge mechanism under GST increased the compliance burden for the recipient and impacted small traders. This was one of the resolutions passed at the annual meeting of the chamber held here recently.
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