Industry Cannot Afford GST Network Portal Downtime: Industry Body

Industry Cannot Afford GST Network Portal Downtime: Industry Body

The leading industry organization, Confederation of Indian Industries (CII) has suggested that the GST Network Portal system response should be enhanced to allow download, preview details and take prints for reconciliation before submission.

Share on FacebookShare on Google+Tweet about this on TwitterShare on LinkedInEmail this to someone

The leading industry organization, Confederation of Indian Industries (CII) has suggested that the GST Network Portal system response should be enhanced to allow download, preview details and take prints for reconciliation before submission.

In a statement issued by CII on Sunday, it further proposed 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. According to CII, 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.

CII has suggested that 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.

Leave a Reply

Your email address will not be published. Required fields are marked *