Industry chamber CII on Sunday sought extension of time by two months for filing of GST returns in view of difficulties being faced by businesses. The GST Council has already extended the last date for filing final returns to October 10. CII has now requested for further extension to resolve certain system issues.
In view of difficulties of online filing, the industry body suggested that ‘the due dates for filing GSTR-1, GSTR-2 and GSTR-3 should be deferred for another month or two’. The chamber also suggested that no penal action should be taken against the trade and industry by the revenue department in the initial six months of the GST launch. The GST was introduced on July 1.
It said that the GST Network (GSTN) system response should be enhanced to allow download, preview details, and take prints for reconciliation before submission. The industry body also recommended that GSTR-3B should have provision for rounding off Input Tax Credit to nearest rupee.