Only 6.9 lakh taxpayers filed GST returns
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According to the data accessed by The Indian Express, about 4.99 lakh tax payers had filed 3B returns for August till September 17. The deadline for filing GSTR-3B will end on September 20.
GSTR-3B is a single page summary return form that is to be filled by all normal registered tax payers on self assessment basis. In the GSTR-3B, assessees need to furnish summary of information about sale and purchase, available input tax credit (ITC), tax payable and tax paid. The 3B tax return does not have to be filed by Input Service Distributor (ISD), a Non-Resident Person, Tax Collector at Source (TCS), Tax Deductor at Source (TDS) & Composition Dealers
The 3B tax return does not have to be filed by Input Service Distributor (ISD), a Non-Resident Person, Tax Collector at Source (TCS), Tax Deductor at Source (TDS) & Composition Dealers
On Saturday, Sushil Kumar Modi, Deputy Chief Minister of Bihar, who is heading the newly-formed Group of Ministers to look into the glitches of the GST Network said that while 46 lakh taxpayers had filed their 3B returns for the month of July, for August, only 3.05 lakh GSTR-3B returns had been filed till Saturday. The total number of registrants under GST is 85 lakh, which includes about 23.18 lakh new taxpayers and 62.25 lakh taxpayers who have migrated from the earlier VAT, excise and service tax regime. About 11 lakh dealers have registered under the composition scheme, Modi had said.
On Saturday, Sushil Kumar Modi, Deputy Chief Minister of Bihar, who is heading the newly-formed Group of Ministers to look into the glitches of the GST Network said that while 46 lakh taxpayers had filed their 3B returns for the month of July, for August, only 3.05 lakh GSTR-3B returns had been filed till Saturday. The total number of registrants under GST is 85 lakh, which includes about 23.18 lakh new taxpayers and 62.25 lakh taxpayers who have migrated from the earlier VAT, excise and service tax regime. About 11 lakh dealers have registered under the composition scheme, Modi had said.
The government has categorically refused to extend the deadline for filing of GSTR-3B returns, and appealed the taxpayers not to wait till the last day to do so.
The government has categorically refused to extend the deadline for filing of GSTR-3B returns, and appealed the taxpayers not to wait till the last day to do so.
“Already decided that first cycle of GSTR 1,2,3 will be given a long rope…time for GSTR 1 is October 10, GSTR 2 will be October 31 and GSTR 3 will be November 10…In the meantime we have extended the time for GSTR-3B for six months. So, for 6 months people have to file their self-assessed summary return by 20th of the next month and there is not going to be any extension of time as far as 3B is concerned,” Revenue Secretary Hasmukh Adhia had said.
“Already decided that first cycle of GSTR 1,2,3 will be given a long rope…time for GSTR 1 is October 10, GSTR 2 will be October 31 and GSTR 3 will be November 10…In the meantime we have extended the time for GSTR-3B for six months. So, for 6 months people have to file their self-assessed summary return by 20th of the next month and there is not going to be any extension of time as far as 3B is concerned,” Revenue Secretary Hasmukh Adhia had said.
According to experts, the GSTN portal will get tested once again with the taxpayer rushing to file their August returns in the next last two days. In August, due to huge rush of July GSTR-3B return filing on the penultimate date, the GSTN software witnessed glitches and the last date of filing was extended.
According to experts, the GSTN portal will get tested once again with the taxpayer rushing to file their August returns in the next last two days. In August, due to huge rush of July GSTR-3B return filing on the penultimate date, the GSTN software witnessed glitches and the last date of filing was extended. #casansaar (Source - IndianExpress)
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