Now a year old, the Goods and Services Tax Network (GSTN) portal has drawn both praise and criticism. Made operational on November 8 last year, it had covered all the states by March 2017 in terms of registration and given out provisional identifications to taxpayers, much before the GST rollout in July, say officials. However, tax filers had to face a number of issues with the portal. The system crashed a couple of times in September, which led to the setting up of a group of ministers (GoM) to examine why and what to do, led by Bihar finance minister Sushil Modi. "The journey has been both exciting and challenging," says Prakash Kumar, chief executive of GSTN, the information technology network for the new levy. Many blame continuous change in the GST laws for gaps on the portal, not GSTN itself. The GoM had identified 27 technical glitches on the portal, which it wanted Infosys, which had won a contract to maintain GSTN for five years, to fix by end-October. However, only 18 of .
So far, nearly 12 lakh businesses have filed GSTR-2 returns
To allow glitch-free tax payment facility, GSTN has tweaked features
The meeting will monitor and resolve the IT challenges faced in the GST implementation
The panel will comprise three to five state finance ministers, who will look into concerns of trader
There are all indications of a last-minute scramble near Sept 5 deadline and a clamour for extension
Till August 21, as much as Rs 42,000 crore had come in as taxes from 1 million businesses
Taxpayers will, however, have to pay taxes by August 20 on the portal of the GST Network
It is not mandatory to start the uploading but 'it's live'
GSTN chief says enough protection has been taken to guard against any overlapping
May also suggest carrying out with both household and enterprise surveys with changed methodology
Filing a tax return on the Goods and Services Tax Network (GSTN) portal by an entity will cost Rs 55 a month but the state will bear this burden.The user charge for all eight million taxpayers will be borne by the Union and the state governments, to keep revenue flowing for GSTN, the company charged with providing the information technology (IT) backbone for the reform, without burdening the assessees. GST is set to be rolled out from Friday and will absorb a slew of indirect taxes -- including service tax, central excise, value added tax, central sales tax and octroi.GSTN, officially a private body (it was formed at the government's behest and support), has estimated the total cost of the project at Rs 3,000 crore. That covers salaries, interest cost, security operations for five years of operation and the ongoing development period of two years. It awarded a contract worth Rs 1,320 crore to Infosys for building and maintain the IT network, crucial for implementing the proposed ...
GSTN Chairman cautioned against delays on the portal near the deadline due to increased traffic
While FinMin is looking into GSTN's economic security, home ministry looks at national security
It has conducted a trial on 3,200 entities across country to rectified glitches, says Prakash Kumar
Home Ministry said that the details sought on the GSTN were related to national security
GSTN will complete the beta testing of its software on Tuesday
If dealers want to claim input tax credit, they will have to get themselves registered with GSTN
Some officials have raised concerns over GSTN with majority stake in private hands
The service tax department is investigating whether the contract is liable to tax