{"id":6171,"date":"2017-11-22T18:44:45","date_gmt":"2017-11-22T18:44:45","guid":{"rendered":"https:\/\/sunkrish.com\/?p=6171"},"modified":"2017-12-10T14:08:19","modified_gmt":"2017-12-10T14:08:19","slug":"gst-return-filings-for-october-rise-11-to-4-4-million","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2017\/11\/22\/gst-return-filings-for-october-rise-11-to-4-4-million\/","title":{"rendered":"GST return filings for October rise 11% to 4.4 million"},"content":{"rendered":"<h4>Around 56% of the registered taxpayers have filed their GSTR-3B returns for October by 20 November, says GSTN<\/h4>\n<figure id=\"attachment_3512\" class=\"thumbnail wp-caption alignleft\" style=\"width: 300px\"><a href=\"https:\/\/sunkrish.com\/index.php\/2016\/11\/06\/with-gst-on-its-way-india-rises-to-second-spot-on-global-biz-optimism-index-2\/gst-3\/\" rel=\"attachment wp-att-3512\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-3512\" src=\"https:\/\/sunkrish.com\/wp-content\/uploads\/GST-300x106.jpg\" alt=\"\" width=\"300\" height=\"106\" srcset=\"https:\/\/sunkrish.com\/wp-content\/uploads\/GST-300x106.jpg 300w, https:\/\/sunkrish.com\/wp-content\/uploads\/GST-150x53.jpg 150w, https:\/\/sunkrish.com\/wp-content\/uploads\/GST.jpg 377w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption class=\"caption wp-caption-text\"><em>Over 3.9 million assessees filed the summary return for September and over 2.8 million for August.<\/em><\/figcaption><\/figure>\n<p>Taxpayer compliance under the goods and services tax (GST) system is steadily improving with 4.4 million assessees filing summary of the transactions made in October, an improvement of 11% from the filings reported for the previous month, said an official statement from GSTN, the company that processes tax returns.<\/p>\n<p>The statement said the number of taxpayers filing their GSTR 3B returns showed a \u201cmarked improvement\u201d with the highest number of assessees filing returns for October till 20th November 2017.<\/p>\n<p>Around 56% of the registered taxpayers have filed their GSTR-3B returns for October by 20 November, it said. The \u201csteady increase\u201d in filings is encouraging, the statement said further, citing chairman Prakash Kumar.<\/p>\n<p>\u201cThe 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\u201d Kumar said.<\/p>\n<p>Over 3.9 million assessees filed the summary return for September and over 2.8 million for August.<\/p>\n<p>Close to 1.5 million taxpayers filed their returns on 20 November, the highest number of filings in a day.<\/p>\n<p>Punjab topped the list of states in compliance. About 73% of taxpayers in Punjab filed their GSTR 3B returns for October by the deadline.<\/p>\n<p>Federal indirect tax body, the GST Council, has taken a series of steps including deadline relaxations, waiver of late fee, suspension of invoice matching and simplification of forms to encourage voluntary compliance under the new indirect tax regime.<\/p>\n<p>&nbsp;<\/p>\n<p>Source: <a href=\"http:\/\/www.livemint.com\/Politics\/npuDJBwJrekiOil1cFOvIP\/GST-return-filings-for-October-rise-11-to-44-million.html\" target=\"_blank\" rel=\"noopener\">Live Mint<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Around 56% of the registered taxpayers have filed their GSTR-3B returns for October by 20 November, says GSTN Taxpayer compliance under the goods and services tax (GST) system is steadily improving with 4.4 million assessees filing summary of the transactions &hellip; <a href=\"https:\/\/sunkrish.com\/index.php\/2017\/11\/22\/gst-return-filings-for-october-rise-11-to-4-4-million\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":3512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4,493,491],"tags":[322,305,535,972,295],"class_list":["post-6171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-business-advisory-services","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","category-income-tax-e-filing-of-returns-for-individuals-partnerships-companies","tag-e-filing","tag-economy","tag-goods-and-services-tax-gst","tag-gst-network-gstn","tag-taxation"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/6171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=6171"}],"version-history":[{"count":4,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/6171\/revisions"}],"predecessor-version":[{"id":6175,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/6171\/revisions\/6175"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/3512"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=6171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=6171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=6171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}