To make GST return filing process easier with few forms only, Finance Minister Nirmala Sitharaman on August 23 said that the government is working on it.
Many representations were made about the complicated filing return forms and has more than 10 different forms for filing the returns as separate forms have to be used depending on the type of taxpayer (individual, non-resident, e-commerce firms among others).
Further, every form has to be filed within a particular time period each month. Even for normal taxpayers, there are multiple such forms that currently make the process cumbersome. Each GST form is used for a different purpose.
Sitharaman said “This (GST simplification) is really being worked upon. Soon, the GST (filing process) will have less number of forms. On the other hand, the refund process has almost become automated”.
Businessmen also protested for refunds indicating the cause of delay as the due process for refunds was not being followed by the departments concerned.
Also Read: Businessmen protest delay in GST refund
Hence, refunds under the GST process have also been a cause of concern. The finance minister said they are working to remove the glitches in the refund system.
A meeting with GSTN will be held on Sunday to identify problems with flow of refunds, to look into the refund process and look at any glitches in terms of the flow of refunds.
However, if there are cases of the system being gamed or tweakings manually being done, there will be assured actions against those responsible, she said, adding, the key was to ensure the refunds don’t get delayed.
The government also announced measures that could ease the flow of refunds to give some relief to the micro, small and medium enterprises i.e. “All pending GST refunds due to MSMEs due as of today will be paid within 30 days.
The minister also said that all future GST refunds to MSMEs shall be paid within 60 days from the date of application.