With suppliers facing difficulty in uploading the GSTR-1 Return for July 2017, demand for an extension of a fortnight i.e. till September 25th has been made by trade assessees in order to comply with the GST norms.
Senior President of Tamil Nadu Chamber of Commerce and Industry, S Rethinavelu has explained the difficulty quoting, “Details of outward supplies have to be extracted from the accounting system to be converted to a JSON file using GST offline tool provided by the GST portal and this file has to be uploaded on to the GST portal.” With a high volume of data pouring in and heavy traffic on the website, invoices are not being imported to the utility tool of the portal.
He further adds, “GST Suvidha Providers should be instructed to identify the errors in GSTIN of the recipients before furnishing the details for uploading into GSTR 1. The time taken for uploading the details is worrying.”
The difficulty being faced is inevitable and genuine as all the details now require to be entered manually which takes from 6 to 24 hours. Being in a fix, relating to the nearing deadline and the inability to upload GSTR 1, the taxpayers are finding it difficult to focus on their business.
Also, Codissia President, Sundaram says that the July bills have faced a significant drop. The MSME business has dropped by 30% to 50%. With GST still being full of ambiguity, the MSME business is severely impacted.