{"id":7371,"date":"2023-12-17T08:36:10","date_gmt":"2023-12-17T08:36:10","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=7371"},"modified":"2023-12-17T08:36:10","modified_gmt":"2023-12-17T08:36:10","slug":"number-of-gst-return-filers-up-65-pc-to-1-13-cr-in-5-years-90-filingtax-payment-form-in-time","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/number-of-gst-return-filers-up-65-pc-to-1-13-cr-in-5-years-90-filingtax-payment-form-in-time\/","title":{"rendered":"Number Of GST Return Filers Up 65 Pc To 1.13 Cr In 5 Years; 90% Filingtax Payment Form In Time"},"content":{"rendered":"

NEW DELHI, Dec 17: The\u00a0<\/span>finance\u00a0<\/span><\/a>ministry<\/a>\u00a0<\/span><\/span>announced\u00a0<\/span><\/span>on\u00a0<\/span><\/span>Sunday\u00a0<\/span><\/span>that\u00a0<\/span><\/span>the\u00a0<\/span>number\u00a0<\/span><\/span>of\u00a0<\/span><\/span>taxpayers\u00a0<\/span><\/span>who\u00a0<\/span><\/span>filed\u00a0<\/span><\/span>GST<\/a>\u00a0<\/span>returns\u00a0<\/span><\/span>increased\u00a0<\/span>by\u00a0<\/span><\/span>approximately\u00a0<\/span>65%\u00a0<\/span><\/span>to\u00a0<\/span><\/span>1.13\u00a0<\/span><\/span>crore\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>five\u00a0<\/span>years\u00a0<\/span><\/span>leading\u00a0<\/span><\/span>up\u00a0<\/span>to\u00a0<\/span><\/span>April\u00a0<\/span>2023,\u00a0<\/span><\/span>as\u00a0<\/span><\/span>compliance\u00a0<\/span><\/span>increased.<\/span><\/span><\/span> <\/span><\/span><\/span>Additionally,\u00a0<\/span><\/span>there\u00a0<\/span>are\u00a0<\/span><\/span>now\u00a0<\/span><\/span>1.40\u00a0<\/span><\/span>crore\u00a0<\/span><\/span>active\u00a0<\/span><\/span>taxpayers\u00a0<\/span><\/span>registered\u00a0<\/span><\/span>under\u00a0<\/span><\/span>GST,\u00a0<\/span><\/span>up\u00a0<\/span>from\u00a0<\/span><\/span>1.06\u00a0<\/span><\/span>crore\u00a0<\/span><\/span>in\u00a0<\/span><\/span>April\u00a0<\/span>2018.<\/span><\/span><\/span> <\/span><\/span><\/span>Ninety\u00a0<\/span><\/span>percent\u00a0<\/span>of\u00a0<\/span><\/span>eligible\u00a0<\/span>taxpayers\u00a0<\/span><\/span>file\u00a0<\/span><\/span>GSTR-3B\u00a0<\/span><\/span>returns\u00a0<\/span><\/span>by\u00a0<\/span><\/span>the\u00a0<\/span>end\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>filing\u00a0<\/span><\/span>month\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>current\u00a0<\/span>fiscal\u00a0<\/span>year,\u00a0<\/span><\/span>according\u00a0<\/span>to\u00a0<\/span><\/span>data\u00a0<\/span><\/span>shared\u00a0<\/span>by\u00a0<\/span><\/span>the\u00a0<\/span>ministry.\u00a0<\/span><\/span>This\u00a0<\/span>is\u00a0<\/span><\/span>an\u00a0<\/span>increase\u00a0<\/span><\/span>from\u00a0<\/span><\/span>sixty-eight\u00a0<\/span><\/span>percent\u00a0<\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>first\u00a0<\/span><\/span>year\u00a0<\/span><\/span>of\u00a0<\/span><\/span>the\u00a0<\/span>GST\u00a0<\/span><\/span>rollout,\u00a0<\/span><\/span>2017\u201318.<\/span><\/span><\/span> <\/span><\/span><\/span>“A\u00a0<\/span><\/span>higher\u00a0<\/span>percentage\u00a0<\/span><\/span>of\u00a0<\/span><\/span>eligible\u00a0<\/span>taxpayers\u00a0<\/span><\/span>are\u00a0<\/span>filing\u00a0<\/span><\/span>returns\u00a0<\/span><\/span>as\u00a0<\/span><\/span>a\u00a0<\/span>result\u00a0<\/span><\/span>of\u00a0<\/span>the\u00a0<\/span><\/span>GST’s\u00a0<\/span><\/span>streamlined\u00a0<\/span><\/span>rules\u00a0<\/span><\/span>and\u00a0<\/span><\/span>procedures,”\u00a0<\/span><\/span>the\u00a0<\/span>ministry\u00a0<\/span><\/span>stated\u00a0<\/span><\/span>in\u00a0<\/span><\/span>a\u00a0<\/span>post\u00a0<\/span><\/span>on\u00a0<\/span><\/span>X.<\/span><\/span><\/span><\/span><\/span><\/span>On\u00a0<\/span><\/span>July\u00a0<\/span>1,\u00a0<\/span><\/span>2017,\u00a0<\/span><\/span>a\u00a0<\/span>national\u00a0<\/span><\/span>Goods\u00a0<\/span>and\u00a0<\/span>Services\u00a0<\/span>Tax\u00a0<\/span><\/a>(GST)\u00a0<\/span><\/span>went\u00a0<\/span>into\u00a0<\/span><\/span>effect.<\/span><\/span><\/span> <\/span><\/span><\/span>It\u00a0<\/span><\/span>included\u00a0<\/span><\/span>more\u00a0<\/span>than\u00a0<\/span>a\u00a0<\/span>dozen\u00a0<\/span><\/span>local\u00a0<\/span>taxes,\u00a0<\/span><\/span>including\u00a0<\/span><\/span>VAT,\u00a0<\/span><\/span>service\u00a0<\/span>tax,\u00a0<\/span><\/span>and\u00a0<\/span><\/span>excise.<\/span><\/span><\/span> <\/span><\/span><\/span>As\u00a0<\/span><\/span>of\u00a0<\/span><\/span>April\u00a0<\/span>2023,\u00a0<\/span><\/span>there\u00a0<\/span>were\u00a0<\/span><\/span>1.13\u00a0<\/span><\/span>crore\u00a0<\/span><\/span>GSTR-3B\u00a0<\/span><\/span>filers,\u00a0<\/span><\/span>up\u00a0<\/span>from\u00a0<\/span><\/span>72.49\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>in\u00a0<\/span><\/span>April\u00a0<\/span>2018.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span><\/span>monthly\u00a0<\/span><\/span>return\u00a0<\/span><\/span>form\u00a0<\/span><\/span>for\u00a0<\/span><\/span>outgoing\u00a0<\/span><\/span>supply\u00a0<\/span><\/span>details\u00a0<\/span><\/span>and\u00a0<\/span><\/span>tax\u00a0<\/span>payment\u00a0<\/span><\/span>is\u00a0<\/span><\/span>GSTR-3B.<\/span><\/span><\/span> <\/span><\/span><\/span>The\u00a0<\/span>ministry\u00a0<\/span><\/span>stated\u00a0<\/span><\/span>in\u00a0<\/span><\/span>another\u00a0<\/span>post\u00a0<\/span><\/span>on\u00a0<\/span><\/span>X\u00a0<\/span><\/span>that\u00a0<\/span><\/span>“the\u00a0<\/span><\/span>compliance\u00a0<\/span><\/span>level\u00a0<\/span>in\u00a0<\/span><\/span>GST\u00a0<\/span>return\u00a0<\/span><\/span>filing\u00a0<\/span><\/span>has\u00a0<\/span>improved\u00a0<\/span><\/span>over\u00a0<\/span><\/span>the\u00a0<\/span>years\u00a0<\/span><\/span>with\u00a0<\/span><\/span>effective\u00a0<\/span>policy\u00a0<\/span><\/span>and\u00a0<\/span><\/span>systemic\u00a0<\/span><\/span>changes\u00a0<\/span>in\u00a0<\/span><\/span>GST.”<\/span><\/span><\/span><\/span><\/span><\/span>The\u00a0<\/span>ministry\u00a0<\/span><\/span>further\u00a0<\/span><\/span>stated\u00a0<\/span>that\u00a0<\/span><\/span>an\u00a0<\/span>increase\u00a0<\/span><\/span>in\u00a0<\/span>return\u00a0<\/span><\/span>filing\u00a0<\/span><\/span>over\u00a0<\/span>time\u00a0<\/span><\/span>shows\u00a0<\/span><\/span>an\u00a0<\/span>improvement\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>degree\u00a0<\/span><\/span>of\u00a0<\/span><\/span>compliance.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>November,\u00a0<\/span><\/span>the\u00a0<\/span>monthly\u00a0<\/span><\/span>GST\u00a0<\/span>collection\u00a0<\/span><\/span>total\u00a0<\/span><\/span>was\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>1.68\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>crore.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>the\u00a0<\/span>current\u00a0<\/span><\/span>fiscal\u00a0<\/span>year,\u00a0<\/span><\/span>gross\u00a0<\/span><\/span>GST\u00a0<\/span>collection\u00a0<\/span><\/span>has\u00a0<\/span>surpassed\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>1.60\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>crore\u00a0<\/span><\/span>for\u00a0<\/span>the\u00a0<\/span><\/span>sixth\u00a0<\/span><\/span>time.<\/span><\/span><\/span> <\/span><\/span><\/span>Since\u00a0<\/span><\/span>its\u00a0<\/span>implementation\u00a0<\/span><\/span>on\u00a0<\/span><\/span>July\u00a0<\/span>1,\u00a0<\/span>2017,\u00a0<\/span><\/span>the\u00a0<\/span>Goods\u00a0<\/span>and\u00a0<\/span>Services\u00a0<\/span>Tax\u00a0<\/span><\/span>collection\u00a0<\/span><\/span>has\u00a0<\/span>been\u00a0<\/span><\/span>increasing\u00a0<\/span><\/span>annually.\u00a0<\/span><\/span>According\u00a0<\/span>to\u00a0<\/span><\/span>Finance\u00a0<\/span>Minister\u00a0<\/span>Nirmala\u00a0<\/span>Sitharaman,\u00a0<\/span><\/span>the\u00a0<\/span>average\u00a0<\/span><\/span>gross\u00a0<\/span><\/span>monthly\u00a0<\/span><\/span>mop-up\u00a0<\/span><\/span>for\u00a0<\/span><\/span>the\u00a0<\/span>current\u00a0<\/span>fiscal\u00a0<\/span>year\u00a0<\/span><\/span>is\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>1.66\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>crore.\u00a0<\/span><\/span>She\u00a0<\/span><\/span>made\u00a0<\/span><\/span>this\u00a0<\/span>statement\u00a0<\/span><\/span>earlier\u00a0<\/span>this\u00a0<\/span>month\u00a0<\/span><\/span>in\u00a0<\/span><\/span>the\u00a0<\/span>Lok\u00a0<\/span>Sabha.<\/span><\/span><\/span> <\/span><\/span><\/span>In\u00a0<\/span><\/span>April,\u00a0<\/span><\/span>the\u00a0<\/span>collection\u00a0<\/span><\/span>reached\u00a0<\/span><\/span>a\u00a0<\/span><\/span>record-breaking\u00a0<\/span><\/span>Rs\u00a0<\/span><\/span>1.87\u00a0<\/span><\/span>lakh\u00a0<\/span><\/span>crore.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

\"Number
Number Of GST Return Filers Up 65 Pc To 1.13 Cr In 5 Years; 90% Filingtax Payment Form In Time<\/figcaption><\/figure>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI, Dec 17: The\u00a0finance\u00a0ministry\u00a0announced\u00a0on\u00a0Sunday\u00a0that\u00a0the\u00a0number\u00a0of\u00a0taxpayers\u00a0who\u00a0filed\u00a0GST\u00a0returns\u00a0increased\u00a0by\u00a0approximately\u00a065%\u00a0to\u00a01.13\u00a0crore\u00a0in\u00a0the\u00a0five\u00a0years\u00a0leading\u00a0up\u00a0to\u00a0April\u00a02023,\u00a0as\u00a0compliance\u00a0increased. Additionally,\u00a0there\u00a0are\u00a0now\u00a01.40\u00a0crore\u00a0active\u00a0taxpayers\u00a0registered\u00a0under\u00a0GST,\u00a0up\u00a0from\u00a01.06\u00a0crore\u00a0in\u00a0April\u00a02018. Ninety\u00a0percent\u00a0of\u00a0eligible\u00a0taxpayers\u00a0file\u00a0GSTR-3B\u00a0returns\u00a0by\u00a0the\u00a0end\u00a0of\u00a0the\u00a0filing\u00a0month\u00a0in\u00a0the\u00a0current\u00a0fiscal\u00a0year,\u00a0according\u00a0to\u00a0data\u00a0shared\u00a0by\u00a0the\u00a0ministry.\u00a0This\u00a0is\u00a0an\u00a0increase\u00a0from\u00a0sixty-eight\u00a0percent\u00a0in\u00a0the\u00a0first\u00a0year\u00a0of\u00a0the\u00a0GST\u00a0rollout,\u00a02017\u201318. “A\u00a0higher\u00a0percentage\u00a0of\u00a0eligible\u00a0taxpayers\u00a0are\u00a0filing\u00a0returns\u00a0as\u00a0a\u00a0result\u00a0of\u00a0the\u00a0GST’s\u00a0streamlined\u00a0rules\u00a0and\u00a0procedures,”\u00a0the\u00a0ministry\u00a0stated\u00a0in\u00a0a\u00a0post\u00a0on\u00a0X.On\u00a0July\u00a01,\u00a02017,\u00a0a\u00a0national\u00a0Goods\u00a0and\u00a0Services\u00a0Tax\u00a0(GST)\u00a0went\u00a0into\u00a0effect. It\u00a0included\u00a0more\u00a0than\u00a0a\u00a0dozen\u00a0local\u00a0taxes,\u00a0including\u00a0VAT,\u00a0service\u00a0tax,\u00a0and\u00a0excise. As\u00a0of\u00a0April\u00a02023,\u00a0there\u00a0were\u00a01.13\u00a0crore\u00a0GSTR-3B\u00a0filers,\u00a0up\u00a0from\u00a072.49\u00a0lakh\u00a0in\u00a0April\u00a02018. The\u00a0monthly\u00a0return\u00a0form\u00a0for\u00a0outgoing\u00a0supply\u00a0details\u00a0and\u00a0tax\u00a0payment\u00a0is\u00a0GSTR-3B. The\u00a0ministry\u00a0stated\u00a0in\u00a0another\u00a0post\u00a0on\u00a0X\u00a0that\u00a0“the\u00a0compliance\u00a0level\u00a0in\u00a0GST\u00a0return\u00a0filing\u00a0has\u00a0improved\u00a0over\u00a0the\u00a0years\u00a0with\u00a0effective\u00a0policy\u00a0and\u00a0systemic\u00a0changes\u00a0in\u00a0GST.”The\u00a0ministry\u00a0further\u00a0stated\u00a0that\u00a0an\u00a0increase\u00a0in\u00a0return\u00a0filing\u00a0over\u00a0time\u00a0shows\u00a0an\u00a0improvement\u00a0in\u00a0the\u00a0degree\u00a0of\u00a0compliance. In\u00a0November,\u00a0the\u00a0monthly\u00a0GST\u00a0collection\u00a0total\u00a0was\u00a0Rs\u00a01.68\u00a0lakh\u00a0crore. In\u00a0the\u00a0current\u00a0fiscal\u00a0year,\u00a0gross\u00a0GST\u00a0collection\u00a0has\u00a0surpassed\u00a0Rs\u00a01.60\u00a0lakh\u00a0crore\u00a0for\u00a0the\u00a0sixth\u00a0time. Since\u00a0its\u00a0implementation\u00a0on\u00a0July\u00a01,\u00a02017,\u00a0the\u00a0Goods\u00a0and\u00a0Services\u00a0Tax\u00a0collection\u00a0has\u00a0been\u00a0increasing\u00a0annually.\u00a0According\u00a0to\u00a0Finance\u00a0Minister\u00a0Nirmala\u00a0Sitharaman,\u00a0the\u00a0average\u00a0gross\u00a0monthly\u00a0mop-up\u00a0for\u00a0the\u00a0current\u00a0fiscal\u00a0year\u00a0is\u00a0Rs\u00a01.66\u00a0lakh\u00a0crore.\u00a0She\u00a0made\u00a0this\u00a0statement\u00a0earlier\u00a0this\u00a0month\u00a0in\u00a0the\u00a0Lok\u00a0Sabha. In\u00a0April,\u00a0the\u00a0collection\u00a0reached\u00a0a\u00a0record-breaking\u00a0Rs\u00a01.87\u00a0lakh\u00a0crore.    <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,67,89],"tags":[],"class_list":["post-7371","post","type-post","status-publish","format-standard","hentry","category-business","category-header","category-national"],"gutentor_comment":6,"yoast_head":"\nNumber Of GST Return Filers Up 65 Pc To 1.13 Cr In 5 Years<\/title>\n<meta name=\"description\" content=\"The\u00a0finance\u00a0ministry\u00a0announced\u00a0on\u00a0Sunday\u00a0that\u00a0the\u00a0number\u00a0of\u00a0taxpayers\u00a0who\u00a0filed\u00a0GST\u00a0returns\u00a0increased\u00a0by\u00a0approximately\u00a065%\u00a0to\u00a01.13\u00a0crore\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jammubulletin.com\/site\/number-of-gst-return-filers-up-65-pc-to-1-13-cr-in-5-years-90-filingtax-payment-form-in-time\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Number Of GST Return Filers Up 65 Pc To 1.13 Cr In 5 Years\" \/>\n<meta property=\"og:description\" content=\"The\u00a0finance\u00a0ministry\u00a0announced\u00a0on\u00a0Sunday\u00a0that\u00a0the\u00a0number\u00a0of\u00a0taxpayers\u00a0who\u00a0filed\u00a0GST\u00a0returns\u00a0increased\u00a0by\u00a0approximately\u00a065%\u00a0to\u00a01.13\u00a0crore\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jammubulletin.com\/site\/number-of-gst-return-filers-up-65-pc-to-1-13-cr-in-5-years-90-filingtax-payment-form-in-time\/\" \/>\n<meta property=\"og:site_name\" content=\"Jammu Bulletin\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/jammubulletinnews\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-17T08:36:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2023\/12\/GST-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1685\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/jammubulletin.com\/site\/number-of-gst-return-filers-up-65-pc-to-1-13-cr-in-5-years-90-filingtax-payment-form-in-time\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/number-of-gst-return-filers-up-65-pc-to-1-13-cr-in-5-years-90-filingtax-payment-form-in-time\/\"},\"author\":{\"name\":\"editor\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\"},\"headline\":\"Number Of GST Return Filers Up 65 Pc To 1.13 Cr In 5 Years; 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