Government to stagger GST return filing to ease load

Government to stagger GST return filing to ease load
NEW DELHI: The government on Wednesday decided to allow staggered filing of GST returns, following repeated complaints of the online system getting clogged ahead of the monthly deadline.

So, only entities with annual turnover of Rs 5 crore or more will have to file the GSTR-3B returns by the deadline of 20th of every month. Around eight lakh regular taxpayers would have the deadline unchanged. While companies can file returns even after the deadline, they have to pay a late fee.

The taxpayers with annual turnover of under Rs 5 crore during the previous financial year will be divided further into two categories. The tax filers from 15 states and Union territories - including Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Kerala, Tamil Nadu, Telangana and Andhra Pradesh - will be able to file GSTR-3B returns by the 22nd of the month. This move will help around 49 lakh filers.

The remaining 46 lakh taxpayers from the 22 states and UTs including Delhi, Punjab, Chandigarh, Haryana, Rajasthan and Uttar Pradesh can file returns till the 24th, the finance ministry said in a statement.

"The matter has been discussed by the GSTN with Infosys, the Managed Service Provider, which has come out with the above solution to de-stress the process as a temporary but immediate measure. For further improving the performance of GSTN filing portal on permanent basis, several technological measures are being worked out with Infosys and will be in place by April 2020," the statement said.