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GSTN Not Yet Ready for the Technical Requirements of GST

The Indian government seems to have a difficult time coping up with the internet faults and the failure to deal with the pressure and load of average 3.5 billion of invoice per month would demand a humongous IT structure solidarity from the authorities for which the government has not prepared at all.

The authority will have to prepare a strong IT platform on which it can process a number of billion invoices every month without any error as the data would belong to the taxpaying entities which would be a supreme matter to care. As the proper roll out will only depend on the error free GSTN performance as the taxation scheme solely depends on the structure of this online platform.

Tax Data will be Completely Secure: GSTN

A total of 3.5 billion invoices from around 8 million taxpayers from all over the country are required to file a total of 37 tax filing annually in order to fully comply with the new tax regime. As of now, some progress is going on in the build up of GSTN as told by chairman of the GSTN Navin Kumar, “India’s GST is the most complex of all the countries which have implemented GST,” Kumar said, noting that work on the system began two years ago when the only available guidance available was draft laws. “Despite not having all the input, we have been working on it and we will be ready by July.”

There is a lot of noise over the GST and it’s IT framework GSTN which is poorly ready for the implementation and has a very little hope to survive in the upcoming load of taxpaying data. The government portal and its tools are meagre on resources and it seems that they can’t cope up the durability and the pressure from the subsequent challenges of IT menace.

Recommnded: Probability of Service Tax Under GST in India

Various ministries are in the doubt of this system and questioned before, as M Veerappa Moily, an attorney of the opposition Congress party mentioned that the government will not able to handle the stress of online pressure and regarded it as a technological nightmare of countries business units. He added that “One nation-one tax — it’s only a myth, Intentions are very good. But ultimately we are landing this country in areas of tax distortion and that can be anarchy.”

Disclaimer:- "All the information given is from credible and authentic resources and has been published after moderation. Any change in detail or information other than fact must be considered a human error. The blog we write is to provide updated information. You can raise any query on matters related to blog content. Also, note that we don’t provide any type of consultancy so we are sorry for being unable to reply to consultancy queries. Also, we do mention that our replies are solely on a practical basis and we advise you to cross verify with professional authorities for a fact check."

Published by Subodh Kumawat
Subodh has done with numerous professional degrees ranging from Human Rights to Banking along with MBA in HR Marketing. He is also interested in the field of tax-related articles and blog as per the industry based norms. Having expert knowledge in diverse sectors, he assures facts and figures along with testimony, in his articles. Working in SAG Infotech, he is a trusted author among the readers globally. View more posts
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