Three key issues that need to be sorted out before GSTR2 kicks in - News Summed Up

Three key issues that need to be sorted out before GSTR2 kicks in


That is when the purchase entries have to be logged in to the GST network system. After talking to various stakeholders including manufacturers, traders, network developers and government officials, indianexpress.com found that there are three key issues that need to be resolved before starting of GSTR 2. This includes developed nations like France (introduced in 1954), Japan (introduced in 1989), Canada (introduced in 1991), Singapore (introduced in 1994) and Australia (introduced in 2000). Number of servers need to be doubled and the $200 million project cost needs revisionThe number of servers need to be doubled to serve the number of taxpayers and entries that the GSTN network envisages. A system crash is the last thing that is needed for the reputation of GSTN and the network designer Infosys.


Source: Indian Express October 06, 2017 06:22 UTC



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