GST Portal Can Now Handle 3 Lakh Tax Returns in Per Hour

After the introduction of the GST Regime, the ability of the GST Portal to file returns Read out the complete guide of official GST return filing portal i.e. GSTN for Indian taxpayers. We explain all the important part with the brief introduction has always been in question. This is also a major reason that a large number of taxpayers are deprived of filing returns on time.

As per the recent update, the capacity of the portal has been doubled up. The earlier capacity of the portal was one and a half lakh returns per hour, but now around 3 lakh returns are expected to be filled in an hour. This improvement will surely help traders/ taxpayers to file returns.

The capacity of the portal was one and a half lakh per hour, and Business Organizations were facing several types of problems during filing returns, sometimes the server goes down and sometimes it lags along with several other problems. Due to all these problems business organizations were seeking to increase the capacity of the portal for a long time from the Government and GST council meeting Get to know about GST (Goods and Services Tax) council 1st to 40th meeting updates and decisions taken by members. We have covered 1st meeting to last meeting decisions.

If the traders or business houses fail to file the return on the due date, they have to pay ₹. 50 per day as a late fee. Even at the present time, late fees is being charged for filing return of May, June. Thus, one more change traders and business organizations are waiting for is the removal of the late fee system by December 31st.

Meanwhile, In the matter of increasing the capacity of the portal, Mahendra Goyal, State President of the Confederation of All India Traders (CAT) stated that ”increasing the capacity of the portal will help traders to some extent in filing GST returns Get to know the online procedure of filing GST returns in India. We provide each and every GST form according to the taxpayers category. Sometimes the market closes because of the coronavirus infection. Traders are also getting quarantined. In this case, the late fee system should be abolished by 31 December”.