GST: More than 4.3 Million Businesses filed October Returns

GST Council Returns

India has switched to the new GST regime in July 2017. As the new indirect tax reform gets 5 months older, around 4.3 million businesses have filed October monthly returns.

The Government, as per the decision of the GST Council, has extended the due date for filing tax returns for the month of August to December. The due date for filing GSTR 3B for the months of August, September, October, November and December is 20th day of September, October, November, December and January respectively.

On Tuesday, the CEO of Goods and Service Tax Network (GSTN) Mr.Prkash Kumar informed that

“There is a 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”.

The Government has already set up a 10 member committee headed by the GSTN chairman Mr.Ajay Bhushan on the recommendations of GST council in order to manage all the requirements regarding the GST returns filing for the current financial year. This committee consists of GST commissioners of various states.

taxscan-loader