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  Business   Economy  22 Nov 2017  43.67 traders file GSTR-3B returns in October

43.67 traders file GSTR-3B returns in October

PTI
Published : Nov 22, 2017, 8:55 am IST
Updated : Nov 22, 2017, 8:55 am IST

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

As many as 43.67 lakh businesses have filed the initial GSTR-3B returns for the month of October - the highest monthly filing within deadline. (Representational Image)
 As many as 43.67 lakh businesses have filed the initial GSTR-3B returns for the month of October - the highest monthly filing within deadline. (Representational Image)

New Delhi: As many as 43.67 lakh 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 on Tuesday.

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 43.67 lakh 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 39.33 lakh returns were filed within due date for September and 28.46 lakh for August and 33.98 lakh 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 14.76 lakh taxpayers filed their returns on the GST Network portal on Tuesday.

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.

Tags: goods & services tax, gstn, gst returns
Location: India, Delhi, New Delhi