Glitches in GSTR2 filing process a concern for cash flows

Filing goods and services tax (GST) returns has not been a smooth process. Despite extending the deadline, the turnout of tax filers has been lower than anticipated, mainly due to technical glitches faced in the GST Network (GSTN). Ad hoc changes in GST rates on certain items and rules after implementation is another factor. The 31 October deadline for filing GSTR2 for July is almost here. In this…