EMBARGOED FOR PUBLICATION ON MONDAY, 25 SEPTEMBER 2017

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Resolving GST Network Portal issue is the need of the hour: CII

The  GST Network (GSTN) is a single platform bringing together suppliers, buyers and tax authorities. The Ministry of Finance has taken cognisance of the initial glitches being faced in online filing of invoices and extended dates for GST returns. CII appreciates such support to the industry. CII has now requested for further extension to resolve certain system issues.

For example, Tran1 Form is filed for July to carry forward the closing balance of credits of June 2017, including data of issue and pending C/H/F/ Forms. Accordingly, Tran1 calculates the liability of pending forms; however, in many cases, carry forwarded amount has been calculated in negative figure. CII suggests that the system response should be enhanced to allow download, preview details, and take prints for reconciliation before submission.

CII further suggested that GSTR-3B should have provision for rounding off Input Tax Credit to nearest rupee. This will match output tax liability which is rounded off, and be accepted in the system.

All modules of GSTN should be activated or enabled to amend core fields in registration to amend particulars of `principal place of business’ or to declare `additional place of business’ or file refunds, suggested CII.

In view of these difficulties  of online filing, CII suggested that the due dates for filing GSTR-1, GSTR-2 and GSTR-3 should be deferred for another month or two.This will stabilise the system. Further, there should be no penal action to be taken by the department in the initial six months of the GST launch. Meanwhile, alternate quick refund mechanism for IGST should be devised for exporters till the GSTN is ready to process these, suggested CII.

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