GSTN: Editing facility in interim returns soon

Revenue collected under GST in October at Rs 95,000 crore

Revenue collected under GST in October at Rs 95,000 crore

The GST Network will launch a facility for businesses to make changes to their August and September GSTR-3B return forms beginning November 20, Bihar Deputy Chief Minister Sushil Modi said on Saturday.

Though taxpayers were allowed to make changes in July GSTR-3B return form, the facility was not available for the following months. Now, simplification of processes and procedures needs to be done which GSTN will do in collaboration with Infosys, Modi added.

Infosys, which had won the deal for developing and running GST's backend in 2015, has been facing flak over glitches in the network.

"Average revenue shortfall of all the states for August was 28.4 per cent; it has come down to 17.6 per cent in October", said Modi, who also heads the GoM.

He said Infosys has added 100 engineers for the project in the last one month. In many states, 30 resident engineers have been put to work and hopefully, this will help ease the problem. The shortfall in August 2017 was Rs 12,208 crore, as compared to Rs 7,560 crore in October.

He said after the last GST Council meeting in Guwahati, about 80 per cent of the issues relating to rates have been resolved.

The GST council on November 10 had made a decision to reduce GST for 178 items from 28 % to 18%. "We have formed an Anti-Profiteering Committee to act against such erring dealers and manufacturers", he said. "Minister for consumer affairs, food and public distribution Ram Vilas Paswan has already asked manufactures to print on products both pre-GST and revised MRP after GST".

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