Monday, August 21, 2017

5-DAY EXTENSION - Tech snag: GST returns can be filed till Aug 25....


Amid reports of a technical glitch in the Goods & Services Tax Network (GSTN), the IT backbone for GST, the government on Saturday extended the last date for filing of returns and payment of taxes by five days to August 25.

The network faced a heavy rush of returns and several traders said they were unable to access the system. GSTN officials said they were working to fix the problem but asserted that that it was not a problem linked to capacity. A finance ministry statement released on Saturday evening said the GST implementation committee, consisting of state and central government officers, has taken a decision to extend the last date for payment of GST for July , to August 25. The ministry also said some technical glitches were also experienced by last minute return filers. “Since it is the first return to be filed under GST, tax payers and tax practitioners have asked for a few more days to file returns. Flood-hit states also want the date extended,“ the statement said.

From Sources:-

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