Begin typing your search above and press return to search.

Glitch-ridden Goods and Services Tax (GST) was due to lack of time

Glitch-ridden Goods and Services Tax (GST) was due to lack of time

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  13 Aug 2018 8:34 AM GMT

NEW DELHI: The IT backbone of the Goods and Services Tax was not given enough time to prepare a system to the satisfaction of the GSTN which led to the glitches in the implementation of the new tax regime, a top official said.

However, he added, the system had now stabilized and the policymakers had also acknowledged the need to give enough time to the GSTN to implement any further changes to the system and that there should be smooth sailing in the days ahead despite major changes in the offing like complete overhaul of the return filing system. From day one of GST rollout on July 1 last year, glitches and teething problems were experienced which were magnified when the e-Way Bill was rolled out on February 1.

Goods and Services Tax Network (GSTN) CEO Prakash Kumar said that the original date for rollout of e-Way Bill was April 1 and preponing it to February “on a whim” was a mistake. “If the date was April 1, we should have adhered to April 1. Required time was not given and it is known,” Kumar told.

Even before the e-Way Bill, the system was marred with glitches which Kumar attributes to lack of time. (IANS)

Next Story