With 75 per cent of businesses waiting till the last day to file August GST returns, Finance Minister Arun Jaitley on Wednesday 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.
“Today is the last day to pay taxes for August. Till last night, about 25 per cent people had filed the return and paid their taxes. So 75 per cent waited for the last day,” he told reporters after a meeting of the Union Cabinet here. Jaitley said the GST Network had no difficulty to upload returns till last night, but when 75 per cent of businesses throng the portal on a single day, there would be trouble.