The recent experience of the traders with GSTN portal in regard to the filing of GSTR 3B was not at all good and therefore in order to ensure smooth functioning of GSTN portal, the Confederation of All India Traders (CAIT) has suggested the Government to conduct a technology audit of GSTN portal and take all necessary steps to ensure that the portal works in a cohesive manner providing ease to Traders in complying with their tax compliances timely.
It is important to note that only a small section of about 80 lakh business entities registered with GSTN were trying to use the portal for filing very limited data, which was either inaccessible or showing errors or could not get the Form or Challan downloaded, leaving the traders in a difficulty.
In the month of September, the portal has to take care of more than 3 billion vouchers which is certainly a gigantic task since each traders has to upload Invoice wise details on the basis of which the portal will prepare purchase statement of each entity which will be verified by the traders and thereupon tax liability will be derived after adjusting input credit.
In case the systems do not respond as happened last week, the entire GST eco system will come to a halt. Therefore, keeping in view of the crucial aspect of the issue, the Government must come forward to conduct a technology audit of GSTN portal so that we could be very sure of the volume that we could accommodate.
The CAIT has also said that Branches of different Banks authorised to collect GST tax seems to be unaware as to under which head, the tax will be collected and also it’s processing manner. The Finance Ministry is suggested to take immediate steps to issue necessary guidelines in this matter.