BS (Business Standard) Round Table on GST : Summary :
► The maximum capacity of GST servers is 80,000 people per hour. If over 80,000 people log in together, people are asked to wait and be in queue. (Is this capacity enough for approx 1 Crore Taxpayers ? Do not understand what GSTN did in last six months, situation is same, 80K per hour is nothing.) ► Businesses should stop complaining too much and get ready to adapt to the GST regime. (But How, Many CA firms are working like 24*7 call centres, now a days.) ► Number of rates in GST will come down to one in 2-3 years from now. ► Our small traders are much smarter than the Big 4 accounting firms. (Could not understand it was about praising small traders or making fun of Big4 ?) ► We cannot allow simultaneous filing of GSTR 1 & GSTR 2 forms. ► In some time. these 1.1 million people will get calls from Tax authorities. (Threatening the non-filers of Returns). ► File GST returns on time and plan your vacation. (How Cute :) ). ► People will no longer talk about GST problems as they will get used to them. ► We're passing through the initial six phase of glitches. ►There is clamour for extension of deadline for return filing. ► Number of rates in GST will come down to one in 2-3 years from now. Arrogance & Over-Confidence. How things will get better ?
► The maximum capacity of GST servers is 80,000 people per hour. If over 80,000 people log in together, people are asked to wait and be in queue. (Is this capacity enough for approx 1 Crore Taxpayers ? Do not understand what GSTN did in last six months, situation is same, 80K per hour is nothing.) ► Businesses should stop complaining too much and get ready to adapt to the GST regime. (But How, Many CA firms are working like 24*7 call centres, now a days.) ► Number of rates in GST will come down to one in 2-3 years from now. ► Our small traders are much smarter than the Big 4 accounting firms. (Could not understand it was about praising small traders or making fun of Big4 ?) ► We cannot allow simultaneous filing of GSTR 1 & GSTR 2 forms. ► In some time. these 1.1 million people will get calls from Tax authorities. (Threatening the non-filers of Returns). ► File GST returns on time and plan your vacation. (How Cute :) ). ► People will no longer talk about GST problems as they will get used to them. ► We're passing through the initial six phase of glitches. ►There is clamour for extension of deadline for return filing. ► Number of rates in GST will come down to one in 2-3 years from now. Arrogance & Over-Confidence. How things will get better ?
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