GST statistical report released on completion of three years of implementation
On completion of three years of GST implementation, GSTN has released a statistical report.
The Key Highlights of the statistics are as under:
There are 12311104 total registrations on 30th June 2020 as against 10839385 as on 18th April, 2018
Total of 1,03,96,876 normal taxpayers, 17,11,581 composition taxpayers as on 30th June 2020. Maharashtra has maximum number of normal taxpayers followed by Uttar Pradesh while U.P. has maximum number of composition taxpayers followed by Maharashtra.
Highest Returns Filed in a day are 23.86 Lakhs. Over 47 Crores Returns filed till June 2020
Huge gap can be seen between eligible returns and returns filed for due dates for the months of March & April 2020 on account of extension of due dates due to COVID-19 pandemic.
Filing on due dates for the months of March & April 2020 is extremely low on account of waiver of interest & late fees payment due to COVID-19 pandemic.
Proprietor leads the percentage of total taxpayers but in terms of revenue PSU leads the tally.
| Month of Transmission | IGST (Amt/Cr.) | Invoice Count | GSTR-1 Count |
| June 2019 | 6,321.28 | 312487 | 17131 |
| June 2020 | 5073.60 | 220392 | 15563 |
Total e-Way Bills generated 70,62,89,680
Highest number of e-Way bill generated in a day 25,19,208 (29th Feb 2020)
Modes of Goods Transport :
99.63% by Roads
0.42% by Rail
0.20% by Air
0.02% by Ship
ITAT allowed increased exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees in view of CBDT retrospective notification. In…
PCIT has revisionary jurisdiction u/s 263 over the cases irrespective of the fact that the relevant assessment was completed physical…
Appellate court interfering with Motor Accidents Claims Tribunal findings on assessment of disability and loss of earning capacity must undertake…
When period of delay is not very huge and involve huge monetary liability on the assessee, a lenient approach should…
Ratification by EoGM of the company can not give legality of the diversion of the fund raised by preferential issue.…
CBIC prescribes procedures for return of export cargo from international waters due to closure of the Strait of Hormuz where…