New Delhi, September 21: To avoid last-minute glitches, Union Finance Minister Arun Jaitley on Thursday asked assessees to file their GST return 4-5 days in advance before the due date. With 75 percent of businesses waiting until the last day to file August GST returns, Jaitley asked them to avoid last-minute rush for tax filing. He said the GST Network (GSTN) has the capacity to handle 1 lakh returns per hour, which translates to 24 lakh returns in a day.
On Wednesday, after the meeting of the Union Cabinet in New Delhi, Jaitley said, “Today is the last day to pay taxes for August. Till last night, about 25 percent people had filed the return and paid their taxes. So 75 percent waited for the last day”. He said the GST Network had no difficulty to upload returns till last night, but when 75 percent of businesses throng the portal on a single day, there would be trouble.
