India, Jan. 11 -- Many have started surrendering their GST certificates, as they end up paying fines.

New Delhi: The hasty implementation of the Goods and Services Tax (GST) regime, an error-ridden portal and hefty fines for delay in filing GST returns are some of the problems that have added to the woes of lakhs of small traders who often end up with no earnings at the end of the quarter.

The GST, a new tax regime which was implemented to provide a single and simple tax net for the country, has proved to be complex and difficult in terms of compliance for lakhs of small traders. The burdens on small traders who usually end up with no earnings at the end of the quarter are manifold. The biggest burden is paying fines for failing to fil...