Outlook Money Outlook Money, July 2018 | Page 25

Interview next four-five months, we plan to sort this out. The number of complaints being reported is far less today, and the system has kind of stabilised. On April 1 this year, we introduced the e-way bill system - first for the inter-state, then for intra-state. We had taken a batch of four-five states at a time. As a result, we generated about seven crore e-way bills between April-May – three crore for inter-state and four crore for intra-state. In the first week of June, we had already generated more than one crore e-way bills. On an average, we estimate that 15 lakh e-way bills are already getting generated every month. It will go up to four-five crore e-way bills every month. There are more than 1.14 crore new and migrated dealers in the GSTN system today. Even though it is one system, it is owned by the Centre and the states. It is a great example of cooperative federalism. Do you think there was adequate training and education for GST roll-out? Before 1 July 2017, certain amount of awareness and education was done. In a large system like ours, it takes time for an idea to sink in and reach the last mile. No one can claim that all the 1.14 crore dealers were fully trained prior to July 1. A large section of people have been trained and more will be trained over a period of time. a system that works well for 95 per cent of the people, there will still be some who face unknown difficulties. For us, each GSTN user is important and we have to solve his or her problems. Will GST filing be easy as filing income tax return? We are continuously evaluating to make GST filing simple. In the first few months of its launch, the forms were lengthy. For example, if there was no sale or purchase transaction in that (particular) month, why does one need to go through a five-page form? In December, we changed this and made them contextual. Can GSTN manage cyber-attacks and data theft? GSTN has a robust system and we take security very seriously. It has two aspects - someone enters the system to damage it and the other is denial of service because of a cyber-attack. We follow the best security measures in the world. The security scenario is however dynamic. What is secure today may not be good enough tomorrow, so we have to remain proactive and take measures to stop such attacks. 357 crore invoices processed 14 crore returns received Any plans for a new accounting software or app? We are working on this. Tax preparation software companies and tax accounting agencies are being explored and we may 4.5 crore e-way bills to be accredit or empanel them for the dealers. generated every month Earlier, there was a tax preparation But even after six months, there is software with separate accounting discontentment in GST filing system for sales, purchase and invoices. It could be due to lack of familiarity with The time has come to integrate both of them. the new system. A person filing returns in Tamil Nadu was using a certain system and had to switch to a new system. In the new system, there are two possibilities. What is your vision for the next one year and for One, the person is unfamiliar with it and could make the long term? a genuine mistake, but how can one reverse it? We have undertaken a massive exercise for simplification Second, GSTN has to take certain actions. While of returns. The GST Council has taken a decision, we work to reverse the mistakes, we had to whereby people can file only one return. In the next ensure that the system is not misused. one year, it will be possible to upload invoices anytime If you consider the total number of whenever they get generated. The returns will be returns being filed and compare it with automatically prepared. All that the taxpayers need to the number of people facing difficulty, by do is click the required keys. any standard, the number of complaints The e-way bill system will also get stabilised. A is minimal. How does one know if it is huge data analytics will be undert aken, as it gives a working? It is working because more than lot of information. There are many honest taxpayers, 14 crore returns have been filed. and then there are others who do not disclose all their transactions. So all these outliers who are trying to cheat the system are identified and appropriate actions are So you are saying that GST as a process proceeded or advised to bring them on the main track. is evolving and challenges have to be This will lead to better compliance and increase addressed along the way… in revenue. Whenever a large system is designed, we need to anticipate the kind of problems users will face. If I design [email protected] 1.3 crore people can log simultaneously to GSTN www.outlookmoney.com July 2018 Outlook Money 25