New Delhi, Oct 25 (KNN) In a bid to facilitate relief to the Micro, Small and Medium Enterprises (MSMEs) in the country with regard to the complications under the Goods and Services Tax, the GST council along with the Group of Ministers (GoM) will be holding talks with select MSME associations.

The focus group meeting between the tax authorities and the industry is scheduled for 29^th of October.

Different associations including the Federation of Indian Micro, and Small & Medium Enterprises (MSMEs) will be participating in the meeting.

The main agenda of the meeting is to explore the various complications that the sector is facing under the One Nation One Tax regime of the government with four months into the roll out.

The GST Council, chaired by finance minister Arun Jaitley along with the Group of Ministers (GoM) including Bihar deputy chief minister Sushil Modi, Jammu and Kashmir finance minister Haseeb Drabu, Punjab finance minister Manpreet Singh Badal and Chhattisgarh minister of commercial taxes Amar Agrawal would be present for the meeting.

The call from the government comes in the aftermath of the concerns raised by the sector.

Earlier Revenue Secretary Hasmukh Adhia echoed similar concerns saying that there is need for a wave of reforms for the MSMEs under GST.

Industry body Indian Industries Association (IIA) earlier told KNN that among other problems the refund have been a major issue for the MSMEs leading to capital blockage causing a great deal of distress in the sector.

Also other stakeholders have raised similar problems and written time and again to the GST council ringing the bells. (KNN/DA)