GSTN Problems and Solutions

GSTN Problems and Solutions

1. First Thing First : Many times I read that registered tax payers will increase after GST, there would be x number of registrations, who will come under tax net first time etc. Our Advice is, not to be greedy; here we are not making any Guinness Book record, first handle regular tax payers.  Immediately make cancellation form available so that all migrated taxpayers who want no more to remain in GST, may leave and pressure on GSTN Server is reduced. It will also add composition dealer who now want to become regular taxpayers, but their numbers are negligible.

2. Immediately issue GSTP Certificates: Almost 70 days and GSTN is sitting on GSTP issues. Result, many CA Firms are occupied with 100 of returns, and chances of Errors are very high, that is evident on GSTN’s Tech handle on twitter. Sales figures entered in purchase and vice versa. C Form info for claiming ITC, instead fill detail of all forms, instead of saving the form, submitted the same.  Why? Because they have loads of work. Many of them are doing this work first time, most of the CA firms were into direct taxes, but now they are taking care of GST all based on theoretical knowledge.

3. Simplify the Forms: In old tax regime, Returns were filled quarterly/half yearly for VAT/Service Tax and now monthly, with heavy details. Some of the information can be linked to annual return and period of return can be monthly and quarterly based on turnover of the taxpayer.  Revenue won’t get affected, as continue payment to be made on monthly basis. So Review and Revise the Forms.