Published: Sat, September 16, 2017
Finance | By Loren Pratt

No further extension in filing returns under GST: Government

No further extension in filing returns under GST: Government

For at least six months the taxpayers have to file their own assessment. "There will be no extension later", Union Revenue Secretary Hasmukh Adhia told reporters here after the first meeting of the Group of Ministers (GoM) that was formed to tackle the IT-related glitches in the GST Network (GSTN).

Earlier, GST Council, the decision-making body of the new GST regime, in its September 9 meeting held at Hyderabad, had chose to form a five-member panel to look into the technical glitches facing GST Network (GSTN) and the GoM was formed on September 12. The GST Council has given businesses to file GSTR-3B till December.

Adhia said: "Initial hiccups are there but no mass scale failure".

The committee observed that there was an urgent need to fix the issues faced by tax payers and stressed on sharing data with States.

Contrary to the expectations of the taxpayers over the government extending the deadline for filing the GSTR-3B return, the Group of Ministers officiating for GSTN, led by Deputy CM of Bihar Sushil Kumar Modi, notified that there would not be any last minute extension of the deadline. We have decided a plan of action.

"We have already extended the period for GSTR-3B. The attempt was to work around the difficulties to eliminate problems, leading to better understanding of all stakeholders". For the month of July, 46 lakh dealers had filed the form.

Adhia said the government had earlier made a decision to extend the time limit to have a proper learning period due to GSTN portal hiccups.

"As the new tax regime is being implemented only since July 1, with filings, posting invoices, making payments and returns entirely online through the GST Network (GSTN), there are bound to be glitches in the initial days, which we are trying to address them on fast track", said Modi after chairing the GoM's first meeting here. "Taxpayers should not wait for the last day". But with only five days left in filing the returns for August including Saturday, only 3.05 lakh dealers have filled the return so far.

IT services firm Infosys is taking care of the IT infrastructure for GSTN.

GSTN Chairman Ajay Bhushan Pandey and CEO Prakash Kumar assist the GoM in addressing the glitches.

The group of Ministers has consulted IT solution vendors, tax consultants and experts, commercial tax officials, bankers and big companies to flag the issues coming in the way of smooth filing of GST returns.

It was decided that GoM would hold meeting every 15 days and the next meeting would be held again in Bengaluru in the beginning of October.

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