You ar 101% correct to call "Cheat and Looting", It not only this its also open harrasment of small business people for no fault of theirs. Most businessmen are ready to pay tax but the govt instead of making arrangements concentrating on petty issue like penalty. I could not understand penaly is what for?. We (businessmen) are acting as a agent to collect tax for the goverment even our july bills are pending with the customers we have paid the taxes to the govt. still govt is treating us like small children by giving punishment.
I doubt the govt intention is it to wipe out the samll businesses?