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Nearly 37 Lakh Taxpayers File GST Returns for September

About 36.84 lakh taxpayers filed GSTR-3B returns or summarised returns for September as on 7 pm today, a government official told BloombergQuint.

The deadline for filing the initial returns in GSTR-3B for September under the Goods and Services Tax regime ends midnight tonight.

Returns filed on the last day increased by over four lakh as compared to the previous month, said the official quoted above. About 32 lakh entities had filed returns on September 20, the last day for filing GSTR-3B returns for August.

The government collected around 95,000 crore in GST revenue for the month of July and mopped up over 90,000 crore for August. According to a report by wire agency PTI, 55.68 lakh and 50 lakh returns had been filed for July and August, respectively.

The GST Council had recently approved filing of summarised GST returns or GSTR-3B till December, as taxpayers faced several glitches while uploading returns on the GSTN portal. The GSTR-3B returns have to be filed by the 20th of the next month, meaning September returns have to be uploaded by October 20, and October returns should be filed by November 20 and so on.

The overall compliance is a bit low when compared with the taxpayer base of around 65 lakh excluding the composition dealers, said Abhishek Jain, an indirect tax partner with EY India. Taxpayers could also be facing initial teething problems, he added. added

“The government should now find reasons why the remaining taxpayers are not filing returns and whether they have paid their GST liability,” Jain said.

Also Read: Will Analyse Shortfall In Filing Of GST Returns, Says Revenue Secretary

. Read more on GST by BloombergQuint.