Business Standard

4.36 mn businesses file initial GSTR-3B returns for October

3.9 million returns were filed within due date for September and 2.8 million for August and 3.3 million for July

Image

Press Trust of India New Delhi
As many as 4.3 million businesses have filed the initial GSTR-3B returns for the month of October — the highest monthly return filing within due date, GST Network said on Tuesday.

The last date of GSTR-3B filing, which is the initial sales return, for October was yesterday.

Around 56 per cent of the registered taxpayers filed their GSTR-3B returns for October within due date.

"The number of taxpayers filing their GSTR-3B returns is showing marked improvement month after month with about 4.3 million of them filing their GSTR-3B returns for October till November 20, 2017, the highest so far," GSTN said in a statement.
 
As many as 3.9 million returns were filed within due date for September and 2.8 million for August and 3.3 million for July.

"There is steady rise in the number of taxpayers filing their GSTR-3B returns every month which is encouraging to see. The trend of taxpayers filing their returns on the last day continues though. Taxpayers are urged to file their returns early to avoid last minute hassles," GSTN CEO Prakash Kumar said.

As many as 1.4 million taxpayers filed their returns on the GST Network portal yesterday.

Punjab took the lead once again over all other states in filing the highest number of GSTR-3B returns for October. About 73.09 per cent of the taxpayers in Punjab filed their GSTR-3B returns for October so far, GSTN said.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 21 2017 | 8:04 PM IST

Explore News