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Jun 20, 2017
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Here is why GST extended deadline for filing returns
The Goods and Services Tax (GST) Council extended the deadline for filing return for the first two months and allowed a simpler format for the same citing lack of preparedness on part of the ERP providers and other businesses. However, stakeholders and industry experts including GST suvidha providers (GSPs) told FE that the lack of preparedness was largely due to Council’s decision to tweak the return forms which proved to be overwhelming for GST Network (GSTN) to incorporate in the short period available.
The Council made several changes to the GST return filing form in its 15th meeting on June 3. Sources said that this delayed the testing of the system and left GSTN to deliver the application programming interface (APIs) in very little time.
Source -
http://www.financialexpress.com
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