30 lakh businesses file returns, system robust: GSTN Chair
21 Sept 2017 11:04 PM IST
New Delhi: Citing nearly 30 lakh GST returns that have been filed so far for August, GSTN Chairman Ajay Bhushan Pandey on Thursday pointed to robustness of the network system which has faced glitches.
Pandey, who assumed charge at earlier this month, said that GST Network is in a "very sound state" and the quantum of returns filed are a testimony to the system's strength.
He asserted that problems or glitches which exist in specific pockets will be dealt with expeditiously.
"Over 29.41 lakh GST returns have been filed for the month of August till noon. The very fact that majority of returns have been filed in last 2-3 days gives confidence about the availability of system," Pandey said in an interview.
He said GSTN has accepted up to 85,000 returns per hour on Wednesday -- which was the last day of filing GSTR-3B for August. About 75 per cent of the registered businesses had not filed their returns until on Wednesday. As many as 13.76 lakh businesses had flocked the GSTN portal on Wednesday to file their returns -- the highest return filing in a day under GST so far.
As per the Central GST and State GST Acts, an interest at the rate of 18 per cent will be levied for delayed payment of tax and filing of returns.
"I would like to request the business that they should file returns in time and not wait till the last moment. Even though our system can take the load, it is in the interest of businesses not to wait till last moment because there could be some problem at their end, their computer may not work," Pandey said.
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