GoM on GST Network to meet on Wednesday

By: |
New Delhi | Published: January 15, 2018 4:25:34 PM

A group of ministers headed by Bihar Deputy Chief Minister Sushil Kumar Modi will meet on Wednesday to look into the technical issues faced by GST Network (GSTN).

GST Network, gst, gst news, latest news on gst, Sushil Kumar Modi, news on Sushil Kumar Modi, latest news on Sushil Kumar Modi, Group of Ministers meeting, gst meeting, GSTR-1, taxpayer registration, bihar deputy cm The panel is likely to take stock of the functioning of GSTN and also review the tasks assigned to IT behemoth Infosys for streamlining user experience on the portal, sources said.

A group of ministers headed by Bihar Deputy Chief Minister Sushil Kumar Modi will meet on Wednesday to look into the technical issues faced by GST Network (GSTN). This will be the sixth meeting of the Group of Ministers (GoM) after being set up in September 2017. The panel is likely to take stock of the functioning of GSTN and also review the tasks assigned to IT behemoth Infosys for streamlining user experience on the portal, sources said. In 2015, Infosys won a Rs 1,380 crore deal for developing and running GSTN’s back end office. GSTN, the information technology backbone and portal for real-time taxpayer registration, migration, and tax return filing under GST, had run into a snag when the first deadline for filing GSTR-3B returns approached, forcing the government to extend the last date. Besides, the deadline for filing the final sales returns GSTR-1 was extended from December 31, 2017, to January 10, 2018, after some taxpayers complained of troubles in uploading returns.

The GoM is also likely to deliberate on e-way bill implementation from February 1 and readiness of the platform, the sources added. Under the GST regime, inter-state movement of goods beyond 10 km, with a value of Rs 50,000 and above, will mandatorily require e-way bill from February 1.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Next Stories
1Budget 2018 expectations India: 5 surprises from Modi government on February 1
2Budget 2018: Here’s why agriculture is top priority for Finance Minister Arun Jaitley this time
3Doing business rankings based on hard data: World Bank