NEW DELHI: Nearly 37 lakh GST returns for September were filed until 7pm on September 20 and 75,000 sales data are being uploaded at the GSTN portal on hourly foundation, its chairman Ajay Bhushan Pandey stated on Friday.
The closing date for filing the initial returns in GSTR-3B for September under the Goods and Services Tax regime ends middle of the night tonight.
In an interview to PTI, Pandey stated the GSTN gadget is solid and has been dealing with data at simply 30 consistent with cent of its capability with 20 lakh returns being uploaded in ultimate two days.
"The pace of filing is picking up with an average 75,000 returns being uploaded on an hourly basis. GSTN system is stable. We hope more people are able to file return within the due date," he stated.
Since the roll out of GST on July 1, this is the 3rd month for which companies need to record GSTR-3B returns checklist out main points in their sales.
For July and August, 55.68 lakh and 50 lakh returns were filed, fetching Rs 95,000 crore and Rs 92,000 crore in earnings, respectively.
Pandey stated that within the first two months, companies have additionally uploaded returns after the end of due date and the quantity for September returns would pass up sooner or later.
"If we see the capacity of the network, GSTN is using only 30 per cent of its capacity. So, there is a lot of headroom available for the server to upload more number of returns," Pandey stated.
Finance Minister Arun Jaitley had ultimate month appealed to companies to record GST returns before the due date and now not wait until the ultimate date to record returns.
To ease compliance burden, the GST Council has allowed companies to record their initial tax returns in form GSTR-3B within the first six months of GST rollout until December.
Accordingly, the GSTR-3B returns would must be filed by the 20th of the following month, this means that September returns must be uploaded by October 20.
The GST Network (GSTN) had confronted system defects throughout the GSTR-3B filing for July, which had forced the government to extend the due date for filing of returns and had additionally waived the past due cost rate.
However, the community worked positive at the time of go back filing for August.
The Group of Minister under Bihar Deputy Chief Minister Sushil Modi has met two times to seem into the issues confronted by GSTN and has smoothened its functioning after taking into consideration the worries confronted by stakeholders.
The closing date for filing the initial returns in GSTR-3B for September under the Goods and Services Tax regime ends middle of the night tonight.
In an interview to PTI, Pandey stated the GSTN gadget is solid and has been dealing with data at simply 30 consistent with cent of its capability with 20 lakh returns being uploaded in ultimate two days.
"The pace of filing is picking up with an average 75,000 returns being uploaded on an hourly basis. GSTN system is stable. We hope more people are able to file return within the due date," he stated.
Since the roll out of GST on July 1, this is the 3rd month for which companies need to record GSTR-3B returns checklist out main points in their sales.
For July and August, 55.68 lakh and 50 lakh returns were filed, fetching Rs 95,000 crore and Rs 92,000 crore in earnings, respectively.
Pandey stated that within the first two months, companies have additionally uploaded returns after the end of due date and the quantity for September returns would pass up sooner or later.
"If we see the capacity of the network, GSTN is using only 30 per cent of its capacity. So, there is a lot of headroom available for the server to upload more number of returns," Pandey stated.
Finance Minister Arun Jaitley had ultimate month appealed to companies to record GST returns before the due date and now not wait until the ultimate date to record returns.
To ease compliance burden, the GST Council has allowed companies to record their initial tax returns in form GSTR-3B within the first six months of GST rollout until December.
Accordingly, the GSTR-3B returns would must be filed by the 20th of the following month, this means that September returns must be uploaded by October 20.
The GST Network (GSTN) had confronted system defects throughout the GSTR-3B filing for July, which had forced the government to extend the due date for filing of returns and had additionally waived the past due cost rate.
However, the community worked positive at the time of go back filing for August.
The Group of Minister under Bihar Deputy Chief Minister Sushil Modi has met two times to seem into the issues confronted by GSTN and has smoothened its functioning after taking into consideration the worries confronted by stakeholders.
September GST: 75,000 returns per hour on last day
![September GST: 75,000 returns per hour on last day]()
Reviewed by Kailash
on
October 23, 2017
Rating:
