In its second meeting held here on Wednesday, the Group of Ministers (GoM) asked the GST-Network to brace for the rush of last-minute filers.

Subromaniam said the move would help traders and company owners who had GST-linked problems, especially in making the correct declaration on the GST-03 statement.

Bihar deputy CM Sushil Modi is head of a group of ministers formed to look into GSTN glitches and ensure smooth GST returns filing. A fix like this will make it appear the compliance burden has come down, but since invoice-matching has to be done, extending the time for filing returns will only delay refunds.

The private company Goods and Service Tax Network has been entrusted with the task of preparing software connected with remittance of tax by traders and so the State government has limitations for intervening in the matter.

The petitioners have appealed the court to direct all essential goods and services used by the common man be taken out of the purview of GST as is the case for alcohol for human consumption and five petroleum products besides the electricity.Demanding direction to the Government to refrain from coercive measures like levying penalties, fines, late fees and other punitive measures, they have also prayed for relief to the tax payers and assesses by simplifying the GST to end the dependence on online compliances and restore filing of returns off-line.

It should appoint a technical officer to Kerala from Infosys in view of problems existing with regard to tax system.

With over?90,000 crore as GST payments in each of the first two months of the rollout on July 1, the government had earlier indicated that collections were on target. While big telcos may be able to file over 1,000 returns a year (three per month per state they operate in), the burden for smaller firms is vast.

 05 Oct 2017, 06:47 AM