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Monday, 25 September 2017

GSTN tweaked for August filing

GST Network (GSTN) has tweaked some of the features on its portal over the past month to make the system more robust and allow glitch-free tax payment facility to nearly 35 lakh assessees, its CEO Prakash Kumar said on Sunday. Of the total 87.33 lakh registered businesses on the GSTN, which manages the IT infrastructure of the new tax regime, 68 lakh were eligible to pay taxes in August.


Of the total registered taxpayers, 24.56 lakh are new registrations, while 62.77 lakh have migrated from the earlier excise, service tax and VAT regime. Kumar said the GSTN portal has handled a humongous load of filing of 1.3 lakh tax returns filing and payment per hour on September 20 -- the last day of filing of August tax returns. "Nearly 35 lakh people had filed returns till Saturday. We have done some tweaking in our portal and it is evident from the load GSTN handled at the time of August return filing," he told PTI. Kumar said a signifi cant number of returns were filed even after the due date of September 20 for August month.


Till September 20, over 30 lakh returns were filed, and the tally went up to nearly 35 lakh till September 23. "A lot of businesses file returns even after the end of due date as the (GST) Council has done away with late payment fee. This delayed filing of returns used to happen at the time of VAT payment as well in states," Kumar said.


The ministerial panel under Bihar Deputy Chief Minister Sushil Modi to look into glitches in GST Network will meet on October 4 to assess improvement in functioning of the portal.


Of the total 87.33 lakh registered businesses on the GSTN, which manages the IT infra of the new tax regime, 68 lakh were eligible to pay taxes in August

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